Page 30 - Competition Commission Of India

Competition Commission accepts Laptev's acquisition of Welspun Corp arm

The Competition Commission of India (CCI) on Monday said that it has approved the acquisition of Welspun Corp's 'Plates & Coiled Mill Division' by Laptev Finance Pvt Ltd.

CCI approves Adani's bid to buy 23.5% stake in Mumbai International Airport

As per the combination notice filed with CCI, the transaction involves acquisition of shares through two separate share purchase agreements

Competition watchdog dismisses complaint against vacation exchange firm RCI

RCI India is a subsidiary of RCI Inc and looks after the business of timeshare exchange in India

CCI approves Hyundai and Kia's acquisition of shareholding in Ola

In March this year, Hyundai and Kia had said they would invest $300 million in Bengaluru-based Ola

CCI orders probe against MakeMyTrip-GoIbibo, Oyo for unfair biz practices

The Competition Commission has ordered an investigation against online travel agents Make My Trip-GoIbibo and hospitality services provider Oyo for alleged unfair business practices. Following a complaint from the Federation of Hotel & Restaurant Associations of India (FHRAI), the watchdog looked into various aspects of their businesses and concluded that "prima-facie" there are violations of competition law. For the case, the Competition Commission of India (CCI) assessed the allegations on the basis of two relevant markets. In the case of Make My Trip-GoIbibo (MMT-Go), it is the 'market for online intermediation services for booking of hotels in India' and for OYO, it is the 'market for franchising services for budget hotels in India'. Make My Trip has acquired GoIbibo. The Commission said that MMT-Go prima-facie appears to be a dominant player in the relevant market. "... prima-facie OYO is not found to hold a dominant position, despite being a significant player in the market

Centre to tweak competition law and tune it with new-age digital economy

NITI Aayog Vice-Chairman Rajiv Kumar highlighted the need for the CCI to develop oversight capabilities on data-related businesses, so as to prevent the amassing of power in a single conglomerate

CCI okays Essel MF acquisition by Sachin Bansal's BAC under 'green channel'

This is the first clearance under the 'green channel' route, a speedier approval mechanism put in place by the CCI.

Letter to BS: Rules curbing airline stakes in airports should be reviewed

Let the 2006 agreement between AAI and GMR be amended soon

Best of BS Opinion: Changing thinking at Railways, competition regulator

Here's a selection of Business Standard opinion pieces for the day

New chapter in competition law probes

SC direction to the Competition Commission of India to investigate alleged predatory pricing by Uber disturbs the latter's policy position in market abuse cases

How Competition Law plans to regulate digital economy, plug loopholes

The plan is to come out with rules by the year-end for bringing e-commerce market players under the ambit of competition laws

Competition Commission must study foreign firms' conduct, says Sitharaman

The CCI is already studying the new economy segment to understand how some companies abuse dominant positions

Crisis-hit Jaiprakash Associates to appeal against CCI penalty order

The company is in the process of filing an appeal against the order

CCI's Green channel for M&A deals: Implementation will be a tough climb

The 'Green Channel' would allow automatic approval for certain M&A agreements based on specified criteria and pre-filing consultation, the CCI had said in the notification

CCI imposes Rs 17 cr fine on JTEKT Corp, its Indian arm, for cartelisation

The case was taken up by the watchdog after NSK approached it under lesser penalty regulations

Jaiprakash Associates fined Rs 14 cr for 'undesirable industry practices'

Under the Competition Act, complaints filed under a certain section cannot be withdrawn

Experts look at implications of CCI's probe into Maruti's discount practice

When CCI looks beyond agreements

Govt wants competition watchdog to review 'Big Four' auditing firms: Report

CCI will be asked to study if the accountancy firms are misusing their dominant positions

Competition Commission ill-equipped to handle intricacies of digital mkts

The competition regulator is ill-equipped to handle the intricacies of digital markets

Panel on cards to ensure no turf war among CCI, other regulators

CCI may soon engage with Centre, states in formulating policies so that competition is not affected