Page 26 - Competition Commission Of India

CCI order to probe Whatsapp policy appears concerned with privacy: HC

The Delhi High Court on Tuesday said that competition regulator CCI's order directing a probe into WhatsApp's privacy policy does not reflect an investigation into abuse of dominant position

CCI approves APSEZ acquisition of 89.6% of equity in Gangavaram Port

The Competition Commission of India (CCI) has approved acquisition of 89.6 per cent of equity shareholding in Gangavaram Port Ltd (GPL) by Adani Ports and Special Economic Zones Ltd (APSEZ)

Explained: Has Amazon actually broken e-commerce regulations in India?

Objections from the competition regulator and powerful retailers' associations could prompt a tightening of foreign direct investment rules for the online sellers

Keeping competition alive

CCI's suggestions on telecom are timely

Competition Commission approves Indo Gulf Fertilizers-Indorama deal

CCI said it has cleared the proposed acquisition of Indo Gulf Fertilizers by Indorama India Private Ltd

IL&FS board addresses nearly Rs 32,000 crore of debt by December

Last year, in June, the board of IL&FS laid down a road map to resolve 57 per cent of the group's nearly Rs 1 trillion debt pile

CCI approves Flipkart's 7.8% acquisition of Aditya Birla Fashion and Retail

On completion of this transaction, Aditya Birla Fashion would have successfully executed a capital raise of Rs 2,500 crore since April 1, 2020

CCI okays Flipkart's Rs 1,500 cr stake in Aditya Birla Fashion and Retail

Amazon and Flipkart can't directly acquire assets under FDI rules, so they are doing smaller strategic stake deals with offline retailers, hoping to acquire offline assets when rules change

Charges of having preferred sellers baseless: Amazon Lawyer to Karnataka HC

The High Court is hearing the petition filed by CCI for the probe against e-commerce firms Amazon and Flipkart. The matter will be heard next on January 21, 2021

Competition Commission gives nod to 8% acquisition of API Holdings by TPG

API Holdings is the parent entity of API Holdings Group and of Pharmeasy, a leading e-pharmacy player

CCI dismisses unfair practices complaint against 4 credit rating agencies

CCI dismissed a complaint alleging that Crisil, India Ratings, Care Ratings, and ICRA indulged in unfair business practices

Competition Commission to release study on telecom sector shortly

One of the key trends that has emerged is the vertical integration between telcos and digital solution providers

Carlsberg, SABMiller, UB colluded to fix beer prices in India: CCI report

Top executives of Carlsberg, SABMiller and India's United Breweries exchanged commercially sensitive information and colluded to fix beer prices in India for 11 years, according to an antitrust report

India antitrust body raids cement giants UltraTech, LafargeHolcim: Report

India's antitrust body conducted raids at offices of UltraTech Cement and two subsidiaries of the world's largest cement maker LafargeHolcim, two sources said

Karnataka HC to hear CCI petition against Amazon, Flipkart in January

In October, the CCI appealed in the Supreme Court against the Karnataka High Court's interim stay on its probe against the e-commerce firms

Competition Commission to study ownership patterns of PE investors

CCI wants to gauge the 'common underlying incentive and motivations' of a private equity player behind PE investments

Flipkart India revenue grew 12% to Rs 34,610 cr in FY20; losses dropped 18%

The company's total expenses for the year were reported at Rs 37,760 crore. During FY20, the company allotted total equity shares worth Rs 4,455 crore to Flipkart Private Limited Singapore

CCI gives nod to Reliance-Future deal amid legal battle with Amazon

The two players have said that they will go ahead with the regulatory process despite Amazon's objections

Grasim Industries to sell fertiliser biz to Indorama Corp for Rs 2,649 cr

It's a slump sale and a major value-unlocking exercise for Grasim, allowing it to pursue growth opportunities in its core businesses

CCI approves Google's 7.7% stake acquisition in Jio Platforms

Deals beyond a certain threshold require approval from the CCI, which keeps a tab on unfair business practices across sectors