The Competition Commission of India found no evidence that Jindal Stainless abused its dominant position or entered into anti-competitive supply arrangements
A parliamentary panel has urged the CCI to periodically review its regulations, improve transparency in penalty calculations and strengthen safeguards for MSMEs and startups
The plea accused over 4,500 companies, including Reliance Jio Infocomm, of anti-competitive practices, including market sharing and bid-rigging.
The competition watchdog found no evidence of abuse of dominance by Delhi International Airport Ltd in awarding security service contracts at Indira Gandhi International Airport
NRAI's latest plea has brought Zomato's price-parity clauses back into focus. Here's what the case is about and why these provisions are under scrutiny
NRAI says platform shouldn't revive exclusivity clauses
The competition watchdog clears the proposed combination between upGrad and Unacademy, allowing the companies to move towards closing the education-technology deal
The antitrust watchdog rejected its Director General's findings, ruling there was no evidence of anti-competitive agreements involving stockist appointments or new drug launches
The iPhone maker has asked India's competition watchdog to set aside an investigation report that found it engaged in abusive conduct, alleging investigators relied heavily on complaints from rivals
Fair trade regulator CCI on Tuesday approved US-based Alpha Wave Global's proposed stake purchase in Nxtra Data, the data centre and cloud services arm of Bharti Airtel. Alpha Wave Global is acquiring a stake through Alpha Wave Ventures II, LP, a private equity fund co-managed by the alternative asset manager. The Competition Commission of India (CCI) said it has cleared the proposed deal. "CCI approves acquisition of certain shareholding in Nxtra Data Limited by Alpha Wave Ventures II, LP," the competition watchdog said in a post on X. In March this year, Bharti Airtel announced that its subsidiary Nxtra Data has secured USD 1 billion investment led by Alpha Wave Global, Carlyle and Anchorage Capital. Bharti Airtel, which will also participate in the investment round, will continue to retain a controlling stake in Nxtra. As part of the acquisition deal, Alpha Wave Global will invest USD 435 million, with the rest to be infused by Carlyle, Anchorage Capital and Airtel. After the
In setting aside the CCI's order against Amazon, the Supreme Court has framed regulatory certainty, transparency and fairness as strategic assets for India's investment climate
The Orissa High Court has ruled that the CCI's investigative arm cannot probe a company without a valid prima facie order under the Competition Act
Apple's decision to submit India financials moves the CCI's antitrust probe closer to a potential penalty over alleged App Store market abuse
CCI has ordered a probe into Mrs India Inc over allegations that it imposed unfair, restrictive and exploitative contractual terms on pageant participants
Competition watchdog seeks to address procedural issues in the commitment framework by extending filing timelines and clarifying application requirements
Kumar, 80, was taken to the Aiims Trauma Centre after being rescued from the house but was declared dead on arrival
Max hospitals, Indraprastha among chains involved in series of 12 orders
The Competition Commission of India fined Manipal group entities for implementing parts of the Aakash Educational Services acquisition without prior approval
Fair trade regulator CCI on Wednesday approved a proposal of Blackstone-backed PE funds and other investors to acquire a stake in AI acceleration cloud provider Neysa Networks. The development came after Neysa, in February this year, announced that private equity funds affiliated with Blackstone and co-investors have entered into definitive agreements to invest in the company, enabling a USD 1.2 billion capital raise. The Competition Commission of India (CCI) said it has cleared the proposed deal. "CCI approves the acquisition of certain shareholding in Neysa Networks Private Limited by BCP Asia II Topco V Pte. Ltd, Asia II Topco XIV Pte. Ltd, and other investors," the competition watchdog said in a post on X. Other equity investors in the transaction include Teachers' Venture Growth, TVS Capital, 360 ONE Assets, and Nexus Ventures. Blackstone is the world's largest alternative asset manager with USD 1.3 trillion in assets under management, including global investment strategies .
Competition Commission seeks to strike the right balance to ensure that it neither stifles innovation with over-regulation nor allows the "winner-takes-all tyranny" of the Big Tech, the watchdog's member Sweta Kakkad said on Wednesday. Speaking at the 17th annual day function of the Competition Commission of India (CCI), she said the rise of artificial intelligence and its impact on pricing, algorithms and digital ecosystems are the newer challenges and that the regulator will deal with them efficiently. CCI has the mandate to keep a tab on unfair business practices and promote fair competition at the market place. "We are at the crossroads where the CCI tries to strike a balance that is just right, which neither stifles innovation with over-regulation nor allows the winner-takes-all tyranny of the Big Tech," she said. CCI has been taking action against unfair business practices in digital markets and has also passed orders against entities for violation of competition norms.