Page 19 - Competition Commission Of India

CCI slaps Rs 936.44 cr penalty on Google for unfair business policies

The Competition Commission on Tuesday slapped a penalty of Rs 936.44 crore on Google for abusing its dominant position with respect to Play Store policies and directed the company to cease and desist from unfair business practices. In a release, the Competition Commission of India (CCI) said it has also directed to modify its conduct within a defined timeline. This is the second major CCI ruling against Google in less than a week. On October 20, the watchdog imposed a penalty of Rs 1,337.76 crore on the company 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.

CCI has been pragmatic in levying, quantifying penalties: Chairperson

Competition Commission Chairperson Ashok Kumar Gupta on Tuesday said the regulator has been pragmatic in levying and quantifying penalties as the enforcement actions are not divorced from business and economic realities. Gupta, who will be demitting office on Tuesday after being at the helm of the watchdog for nearly four years, also said that the feasibility of an ex-ante framework should be considered for effectively regulating digital markets. The Competition Commission of India (CCI) has been taking steps to ensure fair competition in the digital market and last Thursday, it passed a major order against Google for the abuse of dominance in multiple markets in relation to Android mobile devices. When asked about Google's comments on the ruling related to the Android matter, the chairperson declined to comment. Last Wednesday, the watchdog slapped penalties totalling Rs 392 crore on MakeMyTrip, Goibibo and OYO for unfair business practices. "We, at CCI, are presently addressing

Top Headlines: RIL Q2 net flat, CCI speeds up Apple antitrust case & more

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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

CCI says Google's penalty amount 'provisional', awaits financial details

The penalty of Rs 1,337.76 crore translates to 10 per cent of Google's average of relevant turnover for the last three preceding financial years 2018-19, 2019-2020 and 2020-21

CCI's Rs 1,338-cr penalty a 'major setback' for Indian consumers: Google

Google on Friday said it will review Competition Commission's (CCI) decision to impose a Rs 1,338 crore penalty for alleged anti-competitive practice, and termed the order a "major setback" for Indian consumers and businesses. In its first official response after the CCI order, Google said Android has created more choices for everyone and supports thousands of successful businesses in India and around the world. "The CCI's decision is a major setback for Indian consumers and businesses, opening serious security risks for Indians who trust Android's security features, and raising the cost of mobile devices for Indians," a Google spokesperson said in an email statement. Google said it will "review the decision to evaluate the next steps". The competition watchdog on Thursday slapped a steep penalty of Rs 1,337.76 crore on 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 .

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"

Inbox irritant: Spam, promotional messages flood WhatsApp user accounts

Businesses see it as a way to connect with customers; parent firm says there are easy ways to block an account

CCI constantly honing toolkit to tackle digital mkt challenges: Chairperson

The Competition Commission is constantly honing its toolkit to meet the challenges emanating from digital markets and plans to hire data scientists and algorithm experts for its upcoming digital markets and data unit, the regulator's chief Ashok Kumar Gupta said on Saturday. In recent times, many cases related to technology markets have come up before the Competition Commission of India (CCI), including online marketplace platforms, app stores, payment gateways, online travel, food aggregators and social networking. "Such cases pertain to issues such as self-preferencing, leveraging, data-collection practices, deep discounting, etc. "As market regulators, we cannot overlook the challenges that market power and business practices of gatekeeper platforms pose to other market participants -- those who are competing with them and, more so, those who deal with them (and rely upon them)," he said. Speaking at a conference organised by the CCI and industry body Assocham, Gupta stressed th

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

SC upholds Delhi HC's order, refuses to entertain WhatsApp-Meta pleas

The Supreme Court on Friday upheld the Delhi High Court order, which dismissed the appeals filed by WhatsApp and Facebook (now Meta) challenging a single judge bench order refusing to stay CCI probe

CCI clears ADIA's minority stake buy in Intas Pharmaceuticals

Anti-trust regulator Competition Commission of India (CCI) on Monday cleared Platinum Owl's acquisition of a minority stake in Intas Pharmaceuticals. The proposed transaction involves a secondary acquisition by Platinum Owl of 3 per cent of the equity shareholding of Intas (on an outstanding shares basis). Platinum Owl is acting in its capacity as a trustee for Platinum Jasmine A 2018 Trust and Abu Dhabi Investment Authority (ADIA) is the sole beneficiary and settlor of the Platinum Jasmine A 2018 Trust. Intas is engaged in the business of development, manufacture and marketing of pharmaceutical formulations. In a separate combination, CCI approved acquisition of 100 per cent of the equity and compulsorily convertible debentures of five special purpose vehicles (SPVs) by IndInfravit and allotment of units of IndInfravit to CPHI-4 for the purpose of part-funding the acquisition of SPVs. The five SPVs are engaged in the operation and maintenance of highways in the states of Andhra .

CCI okays equity and CCD allotment of five highway SPVs by Indinfravit

The five SPVs are engaged in operating and maintaining highways in the states of Andhra Pradesh, Uttar Pradesh, Bihar and Maharashtra

CCI orders another probe against Google for unfair revenue sharing

The Competition Commission has ordered another detailed probe against Google for alleged unfair revenue sharing terms with respect to news content. The case will be clubbed with two other ongoing matters against the search engine major where the allegations are substantially same, according to the Competition Commission of India (CCI). The latest order has come on a complaint filed by the News Broadcasters & Digital Association. In January this year, CCI ordered a probe against Google on the complaint filed by the Digital News Publishers Association. Later, the Indian Newspaper Society also filed a similar case and that was clubbed with the first one. Now, the regulator's probe arm Director General (DG) will submit a consolidated investigation report, the watchdog said in an order released on Friday. The News Broadcasters & Digital Association had alleged that its members are forced to provide their news content to Google in order to prioritise their weblinks in the Search ...

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

CCI needs to be abreast of global best practices on mergers: FM Sitharaman

Finance Minister stressed upon the need for the federal competition watchdog to communicate more

Penalty to be levied on tech giants breaking digital market rules

These norms are expected to prohibit actions taken by e-commerce platforms such as "self-preferencing" to market their own brands