CCI has directed Grasim Ind to cease and desist from indulging in unfair business practices after it found the company abused its dominant position with respect to the supply of certain staple fibre
E-commerce giants Amazon and Flipkart said they are in compliance with all the rules, and will extend full cooperation to the CCI probe, following the Supreme Court's refusal to entertain their pleas
The tussle with governments is a familiar territory for Amazon since it, along with Apple, Google and Facebook, face potentially similar charges in the US
Karnataka HC dismissed the petitions of e-commerce giants Amazon and Flipkart against a probe by CCI
The proposed merger of ReNew Power with blank-check company RMG Acquisition Corporation II (RMG II) has received clearance from the Competition Commission.
Delhi High Court sought response of CCI on the appeals of Facebook and WhatsApp against a single judge order dismissing their pleas against a probe ordered into messaging app's new privacy policy
The watchdog has directed its Director General (DG), the investigation arm, to probe the matter in detail
The e-commerce foreign direct investment policy doesn't sit well with the concept of competition
CCI said that with no fear of erosion of its userbase, Facebook-owned WhatsApp was in a position to compromise quality in terms of protection of individualised data
The Competition Commission of India (CCI) lawyer told the Court that when big players give discounts, they incur losses for a short time, but this pushes the smaller players out
Here's a selection of Business Standard opinion pieces for the day
Competition Commission of India on Wednesday said it has approved the acquisition of 7.8 per cent minority stake in Aditya Birla Fashion by Flipkart Investments Private Ltd (FIPL)
The Supreme Court had asked the Karnataka High Court to decide the CCI plea for vacating the stay on the probe against Amazon and Flipkart for the alleged anti-competitive practices
If past experience is anything to go by, creating a new sectoral regulator for a specific industry is more likely to undermine the objective of combating anti-competitive conduct
Here's a selection of Business Standard opinion pieces for the day
If regulators had a greater understanding of market realities, universal conventions, global market practices and their implications, the market would benefit from a better appreciation
This will not impact positive sentiment in the sector, say analysts
Regulatory safeguards to ensure quality and efficacy of drugs are a necessary pre-condition for effective competition between generic and branded drugs
Valued at $1.5 billion, this is one of the largest real estate deals in the country comprising the sale of 21 million square feet of assets
The Confederation of All India Traders (CAIT) which represents 70 million traders termed the appeal in the Supreme Court against Amazon and Flipkart as 'logical'