Page 2 - Competition Commission Of India

CCI lacks power to examine disputes over patented products: NCLAT

Appellate tribunal NCLAT has said the fair trade regulator Competition Commission of India has no power to examine into the disputes related to patent matters. Dismissing an appeal against a CCI order, in which the regulator had closed a complaint against Swiss pharma major Vifor International (AG), a two-member NCLAT bench said the 'Patent Act will prevail over the Competition Act'. Citing the earlier judgments, NCLAT said: "Considering the judgment of the Delhi High Court in the case of Telefonaktiebolaget LM Ericsson (PUBL) and the Supreme Court in the SLP No. 25026/2023, it is apparent that the CCI lacks the power to examine the allegations made against Vifor International (AG)." NCLAT, which is an appellate authority over the orders passed by CCI, said Vifor International had the patent for Ferric Carboxymaltose (FCM) injection, which is required for the treatment of Iron Deficiency Anaemia (IDA). "The Patent Act will prevail over the Competition Act in the facts of this case,

Madison Communications asks court to quash antitrust probe into ad agency

Madison was among numerous ad agencies and a group of broadcasters raided by CCI on suspicion of collusion over advertising rates and discounts, in strictest regulatory action on the sector to date

CCI calls for self-audit of AI systems to ensure responsible autonomy

The CCI's market study on AI urges companies to self-audit algorithms to prevent anti-competitive behaviour while promoting innovation and fair market practices

CCI orders probe into PVR Inox over 'unfair fee' charged to film producers

The Competition Commission of India (CCI) has launched a probe into PVR Inox after producers alleged it still charges a digital fee meant only for the shift to new technology

CCI approves Saudi Arabian PIF's bid for majority stake in Olam Agri

Fair trade regulator CCI on Tuesday approved Saudi Arabia's sovereign wealth fund PIF's proposal to acquire a majority stake in Olam Agri Holdings Ltd. Public Investment Fund (PIF), through its investment arm SALIC, is acquiring a stake in Olam Agri Holdings Ltd. PIF has assets under management of more than USD 925 billion. "The proposed combination involves the acquisition of SALIC's proposed indirect acquisition of 44.58 per cent and up to 64.57 per cent of the issued share capital of Olam Agri," the Competition Commission of India (CCI) said in a release. Saudi Agricultural and Livestock Investment Company (SALIC) is focused on farming and procurement, as well as importing commodities into the Kingdom of Saudi Arabia. It is present in India through LT Foods Ltd, wherein the investment arm owned a 9.22 per cent stake in the FMCG firm, which owns the 'Daawat' brand of basmati rice. "Commission approves the Saudi Agricultural and Livestock Investment Company's proposed indirect ..

No player close to WhatsApp in terms of revenue, assets: CCI to NCLAT

CCI argued before NCLAT that WhatsApp's dominance stems from its vast user base and unmatched revenues, defending its Rs 213.14 crore fine on Meta over the 2021 privacy policy

Amazon's non-disclosure a fraud on CCI, regulator tells Supreme Court

CCI told the Supreme Court that Amazon's failure to disclose deal information under the Competition Act amounted to fraud, as the SC hears its appeal against a ₹200 crore penalty

We are being punished for providing superior services, Meta tells NCLAT

Meta told NCLAT it was being punished by CCI for offering superior services and highlighted lapses in the watchdog's findings on WhatsApp's 2021 privacy policy case

Abuse of dominance not proved by CCI, Meta tells NCLAT

Meta told NCLAT that integrating WhatsApp data enhances advertiser value and market leadership, adding CCI failed to prove abuse in its dominance case

CCI raids steel makers Jindal Saw, Maharashtra Seamless in antitrust case

The case was triggered by a complaint from state-run Oil and Natural Gas Corporation in 2023, related to bidding of certain tenders by the steel pipe companies

CCI seeks Apple's response to final probe report on App Store dominance

The antitrust regulator has also asked Apple to submit global and India financials for 2022-24 as part of its investigation into alleged abuse of dominance

CCI dismisses complaint against Emaar India over Marbella villa project

Fair trade regulator CCI has dismissed a complaint alleging abuse of dominance and anti-competitive practices by Emaar India Ltd and others in connection with its "Marbella" villa project in Gurugram. "The Commission finds that no prima facie case of contravention of the provisions of Sections 3 and 4 of the Act is made out against the opposite parties in the instant matter," according to an order passed by the Competition Commission of India (CCI). Section 3 and 4 pertain to anti-competitive agreements and abuse of dominant position, respectively. The case was based on a complaint filed by an informant who alleged that Emaar India Ltd, its group firm Emaar India Community Management, and several government departments including the Department of Town and Country Planning, Haryana, and the Union of India through DPIIT have violated the Sections 3 and 4 of the Competition Act. The complainant alleged that Emaar misused its dominant position by permitting construction of builder floo

India's double-certification trap: How QCOs are hurting fair trade

This makes compliance costly, reduces the number of suppliers, and risks creating a system even worse than the old licensing raj

Wilmar seeks CCI nod for 20% stake buy in AWL Agri Business for ₹7,150 cr

In the notice filed with CCI, Lence Pte has proposed to acquire a maximum of 20 per cent and a minimum of 11 per cent of the paid-up equity share capital of AWL Agri Business

CCI approves Adani Enterprises' plan to acquire Jaiprakash Associates

CCI approved Adani Enterprises' plan to acquire JAL under the insolvency process, even as rival bids from Dalmia, Vedanta, Jindal and PNC Infratech remain under review

Parliamentary panel backs ex-ante regulation for Digital Competition Bill

But parliamentary committee calls for nuanced approach

MCA to conduct a study on ex-ante regulations for digital markets

Ministry to invite proposals for a market study on ex ante digital regulations amid stakeholder concerns and inter-ministerial review

CCI widens antitrust probe against Google in online adtech segment

CCI orders a consolidated investigation into Google's online advertising practices, based on a 2024 complaint from ADIF and links it with existing antitrust cases

CCI orders another investigation into Google over AdTech dominance charges

Fair trade regulator CCI has ordered a detailed investigation into Google's conduct in the online display advertising market on a complaint filed by the Alliance of Digital India Foundation (ADIF). In an order passed by CCI on Friday, the regulator said it has decided to club the complaint with ongoing investigations in similar cases and directed the Director General (DG) to carry out a consolidated probe into Google's conduct in the AdTech ecosystem. "The DG is directed to investigate the various alleged practices of Google in Online Display Advertising services and/ or AdTech intermediation services and submit a consolidated investigation report in the matters, accordingly," it added. The order comes in response to a detailed complaint filed by ADIF alleging that Google has engaged in anti-competitive practices across various layers of its advertising technology stack. In its complaint, ADIF alleged that Google, through its multiple group entities, has engaged in anti-competitive

Renault Group gets CCI nod to acquire remaining 51% stake in Indian JV

Fair trade regulator CCI on Monday approved French auto major Renault group's proposal to buy out its Japanese partner Nissan's remaining 51 per cent stake in their Indian manufacturing joint venture -- Renault Nissan Automotive India Pvt Ltd. Renault Group B V and its nominee Renault SAS are acquiring the entire shareholding of the Nissan entities in Renault Nissan Automotive India Pvt Ltd (RNAIPL). "The proposed combination involves the acquisition of equity shares and fully paid-up zero coupon non-convertible redeemable preference shares held by Nissan Motor Company Ltd," the Competition Commission of India (CCI) said in a release. Japan (Nissan) and Nissan Overseas Investments B V (Nissan Overseas) are collectively divesting their stakes in the joint venture. Renault Group B V is engaged in the designing and manufacturing of passenger cars and light commercial vehicles worldwide and Renault SAS is engaged in the construction, maintenance and manufacturing of parts and ...