Page 21 - Cci

Why does Google find itself in CCI's crosshairs?

CCI has fined Google Rs 936 cr for imposing its payments methods on app developers. It also fined Google Rs 1,338 cr for abusing its mobile device ecosystem. What does this mean for the stakeholders?

Top Headlines: Passenger vehicle sales up, legal power to CCI and more

Business Standard brings you the top headlines at this hour

Centre plans to provide legal power to CCI ahead of merger with NAA

The proposed amendments will require the GST Council's approval

Indian developers benefit from Android, Play: Google on CCI penalty

Tech giant was yesterday ordered to pay Rs 937 cr as penalty for abusing dominant position of its app store

Top Headlines: RBI's liquidity infusion; Google fined Rs 936 crore by CCI

Walmart Inc-backed Flipkart is considering raising $2 billion to $3 billion at a valuation of more than $40 billion to expand its product range in India and challenge rivals

Indian app developers hail CCI penalty on Google as 'collective victory'

Competition commission fine on tech giant for abusing dominant position will have domino effect in other markets, they add

Play Store policies: CCI lands second blow, Google fined Rs 936 crore

Regulator suggests eight corrective steps

Balancing innovation and fair play needed: CCI chairman Ashok Kumar Gupta

We need to be sensitive to market demand while approving proposed acquisitions.

CCI order a major setback for Indian businesses, consumers: Google

'Will open serious security risks… raise mobile device costs'

After Rs 1,338-cr penalty on Google, CCI speeds up Apple antitrust case

Apple's restrictions prima facie result in denial of market access for potential app developers and distributors

Top headlines: CCI penalty on Google, funding winter for startups, and more

Business Standard brings you the top headlines at this hour

CCI slaps Rs 1,337.76 crore penalty on Google for unfair trade practices

The CCI in its press statement said that it found "Google to be dominant in all the above mentioned relevant markets"

CCI clears two private equity players' stake purchase in Yes Bank

The Competition Commission of India (CCI) on Thursday approved the proposed Rs 8,900 crore deal wherein two entities will buy stakes in Yes Bank. CA Basque Investments, part of the Carlyle Group, and Verventa Holdings, an affiliate of funds managed by Advent International are to acquire 10 per cent stake each in the private sector lender. The proposed combination involves the acquisition of up to 10 per cent each of the total paid up share capital and voting rights of Yes Bank by CA Basque Investments and Verventa Holdings, according to official releases. In July, Yes Bank announced raising of equity capital of Rs 8,900 crore from funds affiliated with two private equity investors -- Carlyle and Advent International. Deals beyond a certain threshold require approval from the regulator, which keeps a tab on unfair business practices in the market place.

CCI fines Google Rs 1,338 cr for anti-competitive practices

CCI also ordered Google not to offer any incentives to smartphone makers for exclusively carrying its search services

CCI slaps penalties totalling Rs 392 cr on MakeMyTrip, Goibibo, OYO

The CCI has also directed MakeMyTrip and Goibibo to amend its market behaviour

Regulation of wellness vs wealth offers a contrasting picture

The regulators of wealth in India are empowered and autonomous, unlike the regulators of wellness, leading to very different outcomes in the two sectors

SC clears decks for CCI probe into WhatsApp's 2021 privacy policy

The apex court cleared the decks for the regulator to further probe and reach finality in the case it initiated in March 2021 against WhatsApp for alleged abuse of dominance

99.99% of Zee Entertainment shareholders vote for merger with Sony

Attention will likely shift back to the Competition Commission, which had granted conditional approval to the proposed deal last week

CCI urges self regulation for film industry, wants end to bans and boycotts

Implementation of a box office monitoring system, sharing of promotion cost by multiplexes, phasing out the virtual print fee are among other suggestions made by antitrust watchdog

Zee stock gets a boost post CCI clearing mega merger deal with Sony

Though there are some near-term concerns on the business front, most analysts are positive