Page 3 - Competition Commission Of India

Govt likely to amend IBC to scrap prior CCI nod for insolvency bids

Experts feel a clarity by the government on this matter would bring relief to bidders who were concerned about approaching CCI before the CoC approval

CCI to bring new toolkit for curbing cartels in public procurement

The antitrust watchdog has been concerned over private companies taking advantage of lack of such checks in the systems to form cartels while bidding for public procurement tenders

Volume-based discounts do not amount to discriminatory pricing: SC

Supreme Court says volume discounts are not discriminatory unless unequally applied; experts say ruling may influence CCI probes into tech giants like Google and Amazon

Competition Commission issues norms to assess predatory pricing practices

Competition Commission of India (CCI) has notified the regulations for determining the cost of production, a move that will help the watchdog to more effectively assess alleged predatory pricing and deep discounting practices especially in the quick commerce and e-commerce segments. As part of efforts to update the framework for assessing predatory pricing, the watchdog came out with the draft rules in February. After stakeholders' consultations, the Competition Commission of India (Determination of Cost of Production) Regulations, 2025 have been notified. The development also assumes significance against the backdrop of CCI looking at some complaints of unfair business practices made against quick commerce as well as e-commerce players. Competition law prohibits predatory pricing as an abusive conduct by a dominant enterprise. CCI now has a strong regulatory framework to deal with alleged predatory pricing and deep discounting activities in the market place. It will also help in

Bain Capital seeks CCI nod to acquire stake in Manappuram Finance

Investment firm Bain Capital on Monday sought the approval of fair trade regulator CCI to acquire a significant stake in non-banking financial company Manappuram Finance through a multi-layered deal. According to the proposed deal, Bain Capital through its two affiliates -- BC Asia Investments XXV and BC Asia Investments XIV -- will acquire stakes in Manappuram Finance Ltd (MFL). The proposed transaction involves four phases, where BC Asia Investments XXV will subscribe to 9.29 crore fully paid-up equity shares of MFL through private placement and preferential allotment. Further, "subscription to 9,29,01,373 warrants of MFL by acquirer 2 (BC Asia Investments XIV), which can be exercised (in one or more tranches) at any point between 4 to 18 months from their date of allotment, each carrying a right to subscribe to 1 equity share of MFL", is also proposed, said a notice filed with CCI (Competition Commission of India). BC Asia Investments XXV and its persons acting in concert are al

Aster DM acquires 5% stake in QCIL via Rs 849 cr share swap deal

The transaction involved Aster DM Healthcare acquiring 1,90,46,028 equity shares of QCIL from BCP and TPG, the company noted

Delhi High Court seeks response from CCI and Zomato on NRAI plea

Plea challenges its exclusion from the confidentiality ring giving access to CCI probe documents

Aster DM Healthcare gets CCI go-ahead for merger with Quality Care India

Combined entity to be among top 3 hospital chains in India with more than 10,000 beds across 27 cities

CCI imposes penalties on UFO Moviez, others for anti-competitive practice

This comes after it was alleged that UFO Moviez entered into anti-competitive agreements with CTOs to help and assist the business of Scrabble Digital, as per the CCI order

CCI clears multi-layered deal involving TPG Growth, AINU and other firms

The Competition Commission of India (CCI) on Tuesday approved a multi-layered deal, involving global investment firm TPG's growth funds, South India-based healthcare services provider AINU and other entities. In a release, the regulator said it has cleared the combination involving Waverly Pte Ltd, TPG Growth V SF Markets Pte Ltd, TPG Growth III SF Pte Ltd, Asia Healthcare Holdings Pte Ltd, Rhea Healthcare Pvt Ltd, Asia Healthcare Advisory Holdings LLP and Asian Institute of Nephrology and Urology Pvt Ltd (AINU). Based in Singapore, Waverly is a wholly-owned subsidiary of Lathe Investment Pte Ltd, which is wholly owned by GIC (Ventures) Pte Ltd. Waverly is part of a group of investment holding companies managed by GIC Special Investments Pvt Ltd. AHH is a Singapore-incorporated company, primarily engaged in long-term investment holding activities. Also, through its direct/ indirect subsidiaries, the entity provides healthcare services in the areas of maternal, child, urology, ...

Reviewing feedback on draft rules for production cost norms: CCI chief

The Competition Commission of India (CCI) is reviewing stakeholders' comments on the proposed regulations for the determination of cost of production, according to its chief Ravneet Kaur. As part of efforts to update the framework for assessing predatory pricing, the watchdog came out with the draft rules in February. "On the regulatory and policy front, the Commission initiated public consultation on the draft 'The Competition Commission of India (Determination of Cost of Production) Regulations, 2025'. We have received stakeholder comments and they are currently under review," Kaur said. In her message in the CCI's latest quarterly newsletter for the January-March period, Kaur also said the regulator remained active in scrutinising combinations to ensure they do not impede market competition. Competition law prohibits predatory pricing as an abusive conduct by a dominant enterprise. CCI's review of the existing regulations is aimed to align them with modern economic theories, ..

CCI seeks evidence in complaint against quick-commerce companies

The AICPDF had filed a complaint with CCI on behalf of its President, Dhairyashil Patil against Blinkit, Zepto and Instamart last month

CCI chief Ravneet Kaur given additional charge of NFRA chairperson

Kaur will serve as NFRA chairperson till the appointment of a regular incumbent or until further orders whichever is earliest, according to the Appointments Committee of the Cabinet

M&A 2.0: Can a new mergers playbook simplify the dealmaking process?

The existing rulebook is strewn with regulatory roadblocks, making mergers and acquisitions, especially for smaller companies and listed entities a burdensome process

NCLAT upholds CCI ruling against Google, cuts penalty to Rs 216 crore

The penalty imposed on Google was cut down from Rs 936.44 crore to Rs 216 crore

CCI to investigate Tasmac for 'abuse' of dominant market position

Fair trade regulator CCI has ordered an investigation against state-owned liquor retailer Tamil Nadu State Marketing Corporation Ltd (TASMAC) over allegations that it is restricting competition in the state's beer market by favouring select brands. TASMAC is a Tamil Nadu government's wholly-owned company registered under the Companies Act. In an order passed on Tuesday, the Competition Commission of India (CCI) directed the Director General (DG) to complete and submit the investigation report within 60 days. The order came after an individual filed a complaint alleging that TASMAC has been purchasing and selling only a few beer brands, while limiting access to other brands in the market and discouraging competition in business. The complainant argued that this practice violates Section 4 of the Competition Act, 2002, which prohibits abuse of dominant position. According to the complainant, TASMAC, which has exclusive rights to sell alcoholic beverages in Tamil Nadu through its ...

Singapore's Temasek seeks CCI nod to acquire 10% stake in Haldiram

Temasek will acquire a stake in India's largest packed snack and sweets company and restaurant operator Haldiram Snacks Food through its arm Jongsong Investments Pte

India's ad industry raids followed tip-offs under leniency scheme

On Tuesday and Wednesday, the Competition Commission of India raided the local offices of WPP-owned GroupM, Interpublic, Publicis and Dentsu, as well as high-profile Indian broadcasters' body IBDF

Leniency option helps CCI crack down on ad agency cartel, gather evidence

The 'leniency programme' encourages whistleblowers in cartels to provide information on outfits and lessens their penalties in extenuating circumstances

CCI rejects allegations of anti-competitive practices against GMR Airports

Fair trade regulator CCI has dismissed allegations of anti-competitive practices against GMR Airports and Delhi Airport with respect to the awarding of certain contracts. The Indira Gandhi International Airport (IGIA) in the national capital is operated by the GMR Group-led consortium Delhi International Airport Ltd (DIAL). It was alleged by an NGO that GMR Airports was engaged in monopolistic practices and charging excessive fees for contracts related to parking and lounge services at the IGIA. After reviewing submissions from the involved parties, the Competition Commission of India (CCI) said the contracts for parking and lounge services were awarded through a competitive bidding process, as mandated under the Operation, Management, and Development Agreement (OMDA). The complaint was also against the Airports Authority of India (AAI), Ministry of Civil Aviation and Fraport AG Frankfurt Airport Services Worldwide. "... the Commission, in relation to the allegation under Section