Page 30 - Competition Commission Of India
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
 "CCI orders probe against MakeMyTrip-GoIbibo, Oyo for unfair biz practices")
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
 "Centre to tweak competition law and tune it with new-age digital economy")
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.
 "CCI okays Essel MF acquisition by Sachin Bansal's BAC under 'green channel'")
Letter to BS: Rules curbing airline stakes in airports should be reviewed
Let the 2006 agreement between AAI and GMR be amended soon
 "Letter to BS: Rules curbing airline stakes in airports should be reviewed")
Best of BS Opinion: Changing thinking at Railways, competition regulator
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: Changing thinking at Railways, competition regulator")
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
 "New chapter in competition law probes")
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
 "How Competition Law plans to regulate digital economy, plug loopholes")
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
 "Competition Commission must study foreign firms' conduct, says Sitharaman")
Crisis-hit Jaiprakash Associates to appeal against CCI penalty order
The company is in the process of filing an appeal against the order
 "Crisis-hit Jaiprakash Associates to appeal against CCI penalty 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's Green channel for M&A deals: Implementation will be a tough climb")
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
 "CCI imposes Rs 17 cr fine on JTEKT Corp, its Indian arm, for cartelisation")
Jaiprakash Associates fined Rs 14 cr for 'undesirable industry practices'
Under the Competition Act, complaints filed under a certain section cannot be withdrawn
 "Jaiprakash Associates fined Rs 14 cr for 'undesirable industry practices'")
Experts look at implications of CCI's probe into Maruti's discount practice
When CCI looks beyond agreements
 "Experts look at implications of CCI's probe into Maruti's discount practice")
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
 "Govt wants competition watchdog to review 'Big Four' auditing firms: Report")
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
CCI rejects allegations of price fixing against Ola and Uber
For the model followed by cab aggregators, estimation of fares are done by algorithms on the basis of large data sets
CCI approves 100% acquisition of Star Health by Safecrop Holdings
The consortium in August had signed definitive agreements with the shareholders of Star Health to purchase the shares of leading private insurer
 "CCI approves 100% acquisition of Star Health by Safecrop Holdings")
From trademarks to arbitration process, here are some key court orders
In yet another case of a fighting between a public sector firm and state authorities, the Supreme Court appointed a retired judge as the sole arbitrator
 "From trademarks to arbitration process, here are some key court orders")
CCI raids United Breweries, Carlsberg, AB InBev over price-fixing charges
The regulator has been conducting an anti-trust investigation of the three companies for the past year
 "CCI raids United Breweries, Carlsberg, AB InBev over price-fixing charges")