Page 17 - Competition Commission Of India

Pending deal approvals: Industry participants flag lack of quorum at CCI

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

Google says CCI's orders strike blow at digital adoption in India

In a blog, Google said, it has partnered deeply with India in the last several years of its exciting digital transformation

Google's argument in SC against CCI order contradictory: Indus OS CEO

US tech giant argues regulator's order will stall growth of the Android ecosystem in India

Google set to challenge Android antitrust ruling at Supreme Court

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 declines interim stay for Google on Android-related antitrust ruling

An Indian tribunal declined Google's request for an interim stay on an antitrust ruling that ordered the tech giant to change its approach to its Android platform

Google alleges CCI copied parts of EU order on Android abuse, says report

CCI in October fined Alphabet Inc's Google $161 million for exploiting its dominant position in markets such as online search and the Android app store

87% app makers don't pay for Apple store, 97% for Google Play: Report

Apple and Google charge up to 30% commission from software developers

Competition Commission starts recovery proceedings against Google: Report

CCI had imposed a penalty of Rs 1,336.7 crore on Google on October 20 for indulging in anti-competitive conduct

Regulating Big Tech

Laws should be framed with extreme care

Google dials NCLAT against CCI's Android order, Rs 1,337-crore fine

Says CCI order presents a major setback for its Indian users and businesses who trust Android's security features

CCI likely to appeal against NCLAT order in DLF matter: Sources

The Commission in 2018 had found DLF in contravention of the Competition Act for abusing its dominant position and discriminatory practices

NCLAT upholds CCI's Rs 870 cr fine on Kingfisher, Carlsberg manufacturers

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

Google approaches NCLAT against CCI's order on Android device ecosystem

Google has approached the appellate tribunal NCLAT challenging the CCI's order on unfair business practices in Android mobile device ecosystem, the company spokesperson said on Friday. The Competition Commission in October slapped a steep penalty of Rs 1,337.76 crore on internet giant Google for abusing its dominant position in multiple markets in relation to Android mobile devices and ordered the internet major to cease and desist from various unfair business practices. A Google spokesperson told PTI: "We have decided to appeal the CCI's decision on Android as we believe it presents a major setback for our Indian users and businesses who trust Android's security features, and potentially raising the cost of mobile devices." "We look forward to making our case in NCLAT and remain committed to users and partners," the spokesperson added. Android has greatly benefitted Indian users, developers, and OEMs, and powered India's digital transformation, the company said. Google has sought

Competition Commission conducts searches at India Cements' Chennai office

India Cements Ltd (ICL) on Thursday said fair trade regulator CCI has conducted a "search" at its office in Chennai. The Chennai-based company added that it has not committed any breach of CCI regulations. In response to a clarification sought by BSE over news reports of a raid by CCI at ICL, the company said in a filing: "Certain officials of CCI visited our office in Chennai at around 11:30 a.m. and are conducting 'search' to find out if any irregularities concerning 'Competition Commission' has occurred." However, it added that as it has not committed any breach of CCI regulations, "We do not apprehend any material impact on the Company." ICL has a total capacity of 15.5 million tonnes per annum. Its revenue for the financial year that ended on March 31, 2022 was Rs 4,713.11 crore. India Cements operates eight integrated cement plants in Tamil Nadu, Telangana, Andhra Pradesh and Rajasthan and two grinding units, one each in Tamil Nadu and Maharashtra.

Competition Bill: Panel asks for explicit definition of material influence

FICCI in its response to the standing committee had said that the introduction of material influence as proposed would still keep its definition vague and open to interpretation

Competition (Amendment) Bill: Panel wants annual review of deal valuations

Proposed Settlement and commitment mechanism

GST superstructure lacks some basic features even after 5 years

Currently, there is no appellate mechanism in place for rulings by the GST authorities and a group of ministers is deliberating on it

India-EU Competition Week on digital resolutions starts on Monday

Experts from the European Union would share their experiences in applying antitrust laws to the digital economy and markets and the introduction of the EU's Digital Markets Act

Pass fresh order; review fines to save domestic tyre industry: NCLAT to CCI

Appellate tribunal NCLAT has directed the Competition Commission to pass a fresh order in the matter of alleged cartelisation by tyre companies, citing the need to re-examine arithmetical and inadvertent errors as well as to review the penalty to save the domestic tyre industry. The National Company Law Appellate Tribunal's (NCLAT) order dated December 1 has come on a batch of appeals filed by the tyre makers against the ruling by the Competition Commission of India (CCI) back in August 2018. The CCI had imposed penalties totalling more than Rs 1,788 crore on the tyre companies. In its 166-page order, the tribunal has remanded back all cases for review to CCI and also directed the regulator to pass a fresh order "after hearing the parties". The regulator should also "consider reviewing the penalty to save domestic industry" in view of the fact that it is under a lot of pressure from global tyre manufacturing companies where a lot of unutilised capacity is available, as per the ...

Air India group most frequent flyer on 7 of 10 busiest domestic routes

Also runs IndiGo close on the other three