Competition Commission Of India CCI

Madison was among numerous ad agencies and a group of broadcasters raided by CCI on suspicion of collusion over advertising rates and discounts, in strictest regulatory action on the sector to date

The case was triggered by a complaint from state-run Oil and Natural Gas Corporation in 2023, related to bidding of certain tenders by the steel pipe companies

The antitrust regulator has also asked Apple to submit global and India financials for 2022-24 as part of its investigation into alleged abuse of dominance

Bidders have revised plans for Jaiprakash Associates after lender talks, but key legal hurdles remain as CoC weighs whether to renegotiate or hold a challenge round

Asian Paints told a Mumbai court that the CCI's July 1 order wrongly alleged its CEO warned raw material suppliers against dealing with Birla, threatening reduced business with the company

Google approached the Supreme Court on July 21

CCI finds prima facie evidence of anti-competitive conduct by Asian Paints after Grasim alleges dealer coercion, denial of market access and other unfair practices

Antitrust regulator found tech giant had dominant position in the market

Committee also seeks status of the proposed digital competition law

Kaur will serve as NFRA chairperson till the appointment of a regular incumbent or until further orders whichever is earliest, according to the Appointments Committee of the Cabinet

Minister of State for Corporate Affairs said while strict interventions were required to enforce the law, self-regulation and compliance should also be promoted

Artificial intelligence is a driving force in modern markets that also has the potential to enable collusion, including algorithmic discrimination under the garb of dynamic pricing, CCI chief Ravneet Kaur said on Sunday. She also emphasised the need to adopt a forward-looking approach as well as trust-based regulations. Delivering the special address at the 10th National Conference on Economics of Competition Law in the national capital, Kaur said Artificial Intelligence (AI) is a driving force in modern markets. AI shapes pricing strategies, decision-making, and operational efficiencies across industries but also presents risks, she noted. According to the Competition Commission of India (CCI) Chairperson, AI can enable new forms of collusion such as "cartels without human communication, price coordination without explicit agreements, and algorithmic discrimination under the garb of dynamic pricing". The fair trade regulator is already conducting a study on AI and competition. S

The antitrust watchdog has said that the draft rules are meant to strengthen the regulatory framework governing vigilance administration in the Commission

The Competition Commission of India (CCI) has rejected a complaint filed against Microsoft with respect to bundling of anti-virus software with its Windows operating system. It was alleged that bundling of the anti-virus software was violating fair competition norms. Starting with Windows 10 Operating System (OS) edition, the anti-virus software Microsoft Defender is bundled with it. In a 17-page order dated March 3, the CCI said there was no prima-facie case of contravention and closed the matter. To assess the complaint, the regulator considered two relevant markets -- the market for computer security (antivirus) software for Windows OS in India and the market for desktop/laptop security (antivirus) software for Windows OS in India. Citing Microsoft's submissions, the CCI observed that there is no compulsion on users to exclusively use Microsoft Defender as their antivirus solution. Also, it noted that OEMs (Original Equipment Manufacturers) are permitted to pre-install alterna

Big stakeholders crowding the market, not allowing the startups to come up, says Par panel chairman

FMCG distributors and retailers will launch a nationwide campaign from January 20 to March 31 in over 500 districts and 700 talukas

The CCI had ordered an investigation by the Director General (DG) into the conduct of the food delivery aggregators, the details of which are yet to be made public

Fair trade regulator CCI on Tuesday approved US-based global investment firm Carlyle's proposal to acquire a 68.9 per cent stake in Roop Automotives Ltd. "The proposed combination involves certain inter-connected steps resulting in inter alia securities swap between HIL Shareholder and RAL, and the acquisition of up to 68.9 per cent shareholding in RAL by Investor," the regulator said in a release. CA Carob Investments (investor) is a Mauritius-based special-purpose vehicle owned and controlled by affiliates of the Carlyle Group Inc (Carlyle). As of September 30, 2024, Carlyle has USD 447 billion of assets under management. Roop Automotives Ltd (RAL) and Highway Industries Ltd (HIL) are engaged in the manufacturing and selling of auto components. "Commission approves the proposed combination involving inter-connected steps resulting in inter alia the acquisition of up to 68.9 per cent shareholding in Roop Automotives Ltd by CA Carob Investments (Investor)," CCI said. In another ..

The Competition Commission of India (CCI) on Tuesday approved Tata Electronics' proposal to acquire a majority stake in Apple's contract manufacturer Pegatron Technology India. Tata Electronics Pvt Ltd (TEPL) is a wholly-owned subsidiary of Tata Sons. TEPL have expertise in manufacturing high-precision components for large customers. The proposed combination envisages TEPL to acquire the majority shareholding of Pegatron India in two tranches, CCI said in a release. TEPL, through Tata Electronics Systems Solutions (formerly known as Wistron Infocomm Manufacturing (India), is also engaged in the provision of electronics manufacturing services (EMS) for smartphones. The fair trade regulator also granted nod to Tata Electronics to transfer the business undertaking of TEL Components, an wholly-owned subsidiary of TEPL, to Pegatron India. "Commission approves the acquisition of certain shareholding of Pegatron Technology India Pvt Ltd (Pegatron India) by Tata Electronics Pvt Ltd (TEPL)

Pernod is contesting a $250 million India tax demand for allegedly undervaluing imports and also faces an investigation into violations of New Delhi city's liquor policy