Page 24 - Competition Commission Of India

Sellers welcome CCI's suspension of 2019 Amazon-Future deal

Indian Sellers Collective (ISC) on Monday welcomed the Competition Commission of India's (CCI) order to suspend its approval for Amazon's deal with the Future Group signed in 2019, while seeking speedy resolution of pending cases against the multinational e-commerce platform and related parties. ISC, which claims to be an umbrella body bringing together trade associations and representative bodies of Indian sellers across the country, said the CCI's reversal "validates the double standards being practiced by foreign retailers". It exposed "how Amazon has been operating with double standards posing as a transaction platform while acting as a retailer in reality with the intent to control the country's retail market, it urges regulators to expedite all other pending cases against the company and its related parties", ISC said in a statement. ISC Member & National Coordinator Abhay Raj Mishra said CCI's reversal of order "reposes the faith in regulators against malpractices". "The ..

Apple seeks dismissal of India antitrust case, cites tiny apps market share

US tech giant tells Competition Commission of India 'without dominance, there can be no abuse' of market.

Amazon may take legal action against CCI order suspending deal with Future

Anti-trust regulator has ruled the US company had suppressed information while seeking approval on an investment into Indian retailer two years ago.

CCI suspends Amazon deal with Future, fines US giant Rs 200 crore

Says Amazon made false and incorrect statements while seeking approvals

CCI suspends Amazon's 2019 deal with Future, imposes Rs 202-cr penalty

CCI says Amazon provided 'false and incorrect information' and said it suppressed 'material facts' of 2019 Future deal; asks Amazon to again file detailed Form II within a period of 60 days

Top headlines: CCI setback for Amazon; 101 Omicron cases in India

The unprecedented step taken by CCI could have far-reaching consequences on Amazon's legal battles with now estranged partner Future

Controlling mergers in digital markets a challenge: CCI chief Ashok Gupta

'Merger reviews in technology markets need to be guided by case-specific economic evidence,' says Ashok Gupta.

CCI closes case against Intel; finds no evidence of unfair biz practices

The complaint was filed by Velankani Electronics Pvt Ltd, which is engaged in designing and manufacturing electronic products in India

Amazon officials tried to browbeat CCI by walking out of hearing: FRL

Future said it believes the CCI will not be intimidated by Amazon's arrogance, and will take action on its show cause notice against Amazon in accordance with law and rules

NCLAT stays Competition Commission's Rs 200 cr penalty on Maruti Suzuki

The amount has to be deposited with the Registrar of the National Company Law Appellate Tribunal (NCLAT)

Regulations needed to safeguard patient privacy, personal data: CCI

It said online pharmacies should adopt self-regulatory measures in the areas of collection, use, sharing of data and privacy

CCI releases key findings on market study of India's pharma sector

Necessary regulations needed to safeguard patient privacy, protect sensitive personal medical data, says CCI report

Competition Commission of India to meet Amazon, Future Coupons on Jan 4

The meeting will be in connection with the approval given by the fair trade watchdog to the e-commerce major's investment in FCPL

CCI approves Blackstone Group entity's 71.25% stake buy in ASK Investment

The Competition Commission of India on Monday approved the acquisition

Amazon never intended to invest in FCPL: Future Retail directors to CCI

The directors also wrote to CCI that Amazon has obtained approval by making deliberate misrepresentations

India's price-fixing probe of global seed firms sparked by carrot farmers

This is the first time the complaint is coming into public view

CCI issues order against firms guilty of bid-rigging and cartelization

The Competition Commission of India (CCI) issued a final order on Friday against six firms

Antitrust regulator CCI raids liquor firms in price fixing probe: Report

India has strict regulations for the alcohol sector. Most states individually regulate alcohol pricing and the companies need to submit and get prices approved every year by the local authorities.

CCI approves HDFC Bank's acquisition of 4.99% stake in HDFC ERGO

Fair trade regulator CCI on Monday approved HDFC Bank's acquisition of 4.99 per cent shareholding in HDFC ERGO General Insurance Company.

Google versus CCI: Whom to blame for the media leak?

Google's letter to the CCI chairman is like someone blaming the trial court for media leaks of a police charge sheet