Google has already been fined in previous two cases for "abusing its market dominant position" in connection with the Android mobile device ecosystem
Malaysian carrier's India foray ends after eight years; Tatas are working to merge AirAsia India with low-cost service Air India Express
On the CCI website, the notice filed by AGI Greenpac on September 27 regarding the acquisition, has been marked as 'Notice Not Valid'
The deal, announced in August, is JSW Energy's largest till date; will take the firm's operational generation capacity to 6.5 Gw from 4.8 Gw now, and accelerate its plans to achieve 10 Gw by FY25
The CCI-Android ruling, despite involving a smaller $162 million (Rs 1,334 crore) fine, has worried Google since it seeks wider ranging remedial measures
However, data shows that its record in collections has been dismal
Here is the best of Business Standard's opinion pieces for today
The Competition Commission of India's action will open up the Android space
The proposed amendments will require the GST Council's approval
Tech giant was yesterday ordered to pay Rs 937 cr as penalty for abusing dominant position of its app store
Big Magic, Zee Action and Zee Classic are all part of Zee network; the merging firms have a combined viewership share of 36% in Hindi general entertainment, and 33% in Hindi movies
Tech giant defends itself as Competition Commission fines it Rs 936.44 crore for unfair business practices
On October 4, CCI said it has cleared the proposed Zee-Sony merger deal, which was announced in September last year
The government on Tuesday appointed Sangeeta Verma as the acting chairperson of the Competition Commission of India (CCI). The appointment follows full-time Chairperson Ashok Kumar Gupta demitting office on Tuesday. Verma is currently a member at the regulator. Her appointment will be effective from Wednesday for a "period of three months or till appointment of regular Chairperson or till any further orders, whichever is the earliest," according to an official order. Gupta had taken over as the CCI chairperson in November 2018.
Slapped with a second hefty fine for anti-competitive practices, Google India on Wednesday said it remains committed to users and developers and is reviewing the antitrust body's order to evaluate next steps. The Competition Commission of India (CCI) on Tuesday slapped a Rs 936 crore fine on Google for "abusing" its dominant position on its Android mobile app store and ordered it not to prevent app developers from using third-party billing or payment processing services in India. That penalty came just days after a Rs 1,337.76 crore fine was imposed on it for abusing the dominant position of its Android smartphone operating system. Commenting on Tuesday's CCI order, a Google India spokesperson said Indian app developers have benefited from the technology, security, consumer protection, choice and flexibility that Android and Google Play provide. "And, by keeping costs low, our model has powered India's digital transformation and expanded access for hundreds of millions of Indians,"
Hit hard by 2 back-to-back fines by Competition Commission of India, Google on Wednesday said that it is committed to its users and developers and reviewing the decision to evaluate the next steps
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
Competition commission fine on tech giant for abusing dominant position will have domino effect in other markets, they add
Regulator suggests eight corrective steps
We need to be sensitive to market demand while approving proposed acquisitions.