The Chief Justice added, "Please reflect on this and come back"
With various mergers and acquisitions awaiting CCI approval, industry participants have sought measures to address the issue of lack of quorum at the competition watchdog which does not have a chairperson for more than two months now. Mergers and acquisitions beyond a certain threshold require the approval of Competition Commission of India (CCI) under the Competition Act, 2022. Section 5 and 6 of the Act relate to regulation of combinations in the country. For approval of combinations, the regulator needs to have a quorum of three members. However, since the retirement of Chairperson Ashok Kumar Gupta on October 25, 2022, there are only two members, resulting in lack of quorum at CCI. Against this backdrop, various industry players have sought measures to address the current situation till a new chairperson is appointed, saying the lack of quorum is causing delays in clearances for combinations that have been notified to the regulator. The concerns have been flagged to the corpora
Alphabet Inc's Google said that India's new antitrust order to change how the company markets its Android platform will drive up costs for app developers, equipment makers, and consequently, consumers
Google said that the "directions in the CCI's order" strikes a blow at the ecosystem-wide efforts to accelerate digital adoption in the country
Google licenses the system to smartphone makers, but critics say its restrictions are anti-competitive
The NCLAT, on January 4, had refused an interim stay on an order of the competition regulator imposing a Rs 1,337 crore penalty on Google
With Google alleging that CCI copy-pasted an order passed by European Union's General Court, gaps in manpower and capacity at CCI have surfaced
Business Standard brings you the top headlines at this hour
The challenge comes after Google suffered a setback on Wednesday when an appeals tribunal rejected its request to block the antitrust ruling
The Competition Commission of India (CCI) in October fined the Alphabet Inc unit $161 million for exploiting its dominant position in the market for Android which powers 97% of smartphones in India
CCI penalised Google in October over alleged violations in the Android mobile ecosystem
Business Standard brings you the top headlines at this hour
Handset manufacturing firm Micromax and Jaina Private Limited are learnt to have filed an appeal in NCLAT against the same CCI order, in support of Google
Apple and Google charge up to 30% commission from software developers
The Competition Commission is understood to have issued demand notices to Google for its failure to pay within the stipulated time the penalties imposed on the internet major for anti-competitive practices, according to sources. Google has filed appeals before the National Company Law Appellate Tribunal (NCLAT) against the Competition Commission of India's (CCI) two orders in October. The appeals are yet to be heard by the tribunal. In October, the watchdog slapped penalties totalling Rs 2,274.2 crore in two separate cases on Android mobile system and Play Store policies. The sources said CCI has issued demand notices to Google for non-payment of penalties imposed on the company in the two cases. While passing the orders, one on October 20 and another on October 25, the watchdog had directed the company to pay each of the penalties within 60 days of receiving the order concerned. With Google yet to pay the penalties, CCI has issued the demand notices. Under the competition law, an
CCI had imposed a penalty of Rs 1,336.7 crore on Google on October 20 for indulging in anti-competitive conduct
The NCLAT has set aside an order passed by fair trade regulator Competition Commission of India (CCI) with respect to DLF and directed it to examine the matter. The case pertains to CCI rejecting a complaint against DLF and its subsidiary for alleged abuse of the dominant position on the basis of a second/supplementary report from DG. The appellate tribunal said CCI was "not authorised to pass an order for further investigation" if once its probe unit - the DG (Director General) has already "noticed the violation" in its first report and "the same cannot be justified". Based on the second/supplementary DG report, CCI passed the order concluding that the contravention of the provisions" of the Competition Act was not established against DLF and its wholly-owned subsidiary DLF Home Developers. A two-member NCLAT bench said it was "of the opinion that without going into further detail or delving into the merit of the case the order impugned is liable to be set aside since the order
Says CCI order presents a major setback for its Indian users and businesses who trust Android's security features
The Commission in 2018 had found DLF in contravention of the Competition Act for abusing its dominant position and discriminatory practices
Throws out the appeals of the beer makers, who were accused of cartelisation in the sale and supply of the beverage in various states and UTs