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CCI approves proposed combination for forming Honda Motor, Hitachi joint venture
Wed, Aug 12, 2020
The proposed combination pertains to Keihin Corporation(“KC”), Nissin Kogyo Co., Ltd.(“NKCL”), Showa Corporation (“SC”) and Hitachi Automotive Systems, Ltd.(“HIAMS”) forming a Joint Venture between Honda Motor Co. Limited (“HAMCL”) and Hitachi Limited(“HL”).
CCI approves Adani Power bid to acquire 49 pct of total equity share capital of Odisha Power
Fri, Jul 31, 2020
The Competition Commission of India (CCI) on Thursday approved the proposed acquisition of 49 per cent of the total equity share capital of Odisha Power Generation Corporation Limited (OPGC) by Adani Power Limited (APL).
CCI approves 100 pct acquisition of Emami Cement by NVCL
Fri, May 22, 2020
CCI has approved acquisition of 100% of the total issued and paid up share capital of Emami Cement Limited (ECL), on a fully diluted basis, by Nuvoco Vistas Corporation Limited (NVCL).
India watchdog CCI reviewing antitrust allegations against Facebook's WhatsApp — Sources
Sat, May 16, 2020
India`s antitrust watchdog is looking into allegations that Facebook`s WhatsApp is abusing its dominant position by offering payment services to its vast base of messaging app users in the country, three sources told Reuters on Friday.
Coronavirus scare: NCLAT adjourns all hearings in March as precautionary steps
Mon, Mar 16, 2020
Taking precautionary measures amid coronavirus outbreak, the National Company Law Appellate Tribunal (NCLAT) has adjourned all its scheduled hearings in March
FHRAI complains against OYO & Make My Trip, CCI orders for probe
Tue, Oct 29, 2019
The Federation of Hotel & Restaurant Associations of India files a complaint against OYO & Make My Trip after which Competition Commission of India orders for the probe.
CCI probes allegations of anti-competitive conduct by Maruti Suzuki: Sources
Tue, May 21, 2019
CCI is looking into allegations that Maruti forces its dealers to limit the discounts they offer, effectively stifling competition among them and harming consumers who could have benefited from lower prices if dealers operated freely, the people told Reuters.
CCI raids offices of Glencore, Edelweiss group over probe into collusion on pulse prices
Sun, Mar 17, 2019
India's antitrust watchdog raided units of global commodities trader Glencore and two other firms in Mumbai on Saturday in an inquiry into alleged collusion on the price of pulses.
Swiggy, Zomato, Uber Eats and Foodpanda row: This is what has happened now
Tue, Feb 12, 2019
With hundreds of restaurant owners sending a petition to theCCI alleging wrongdoings by food delivery companies, Zomato on Monday said it was discussing the matter with the involved restaurant partners to achieve an amicable solution which would benefit all the parties in the ecosystem.
CCI fines Godrej & Boyce, officials Rs 1 cr for cartelisation
Tue, Jan 15, 2019
The Competition Commission Tuesday slapped a fine of over Rs 1 crore on Godrej & Boyce Manufacturing and its four officials for indulging in the cartelisation of dry cell batteries market.
Online sellers to appeal against CCI's Flipkart ruling
Sat, Jan 12, 2019
All India Online Vendors Association ( AIOVA ), which represents more than 3,500 online sellers, had complained that Flipkart was using its dominant position to favour select sellers. The CCI had rejected this argument in November.
CCI rejects complaint against Indiabulls Housing Finance
Wed, Jan 02, 2019
Section 3 and 4 pertain to an anti-competitive agreement and abuse of dominant market position, respectively.
CCI clears Hitachi Payment's 26% stake buy in SBI Payment Services
Fri, Dec 21, 2018
The Competition Commission of India (CCI) Friday said it has approved the acquisition of 26 per cent stake by Hitachi Payment Services in SBI Payment Services.
Competition Commission rejects complaint against CIBIL
Sat, Nov 24, 2018
Among others, it was alleged that CIBIL did not update his data resulting in lower credit score and that amounted to abuse of dominant position.
CCI probing alleged fixing of airfares, looking at algorithms used by airlines By Manoj Rammohan
Thu, Nov 01, 2018
The Competition Commission is looking at algorithms used by airlines to determine fares, as part of a detailed probe into alleged fixing of air ticket prices, according to its chief Sudhir Mital.
Relief for DLF: CCI dismisses two complaints against realty major
Sun, Sep 02, 2018
For the cases, the Competition Commission of India (CCI) considered the market for 'provision of services for development and sale of residential apartments/ flats in Gurgaon' as the relevant one.
Competition Commission imposes Rs 10 cr penalty on Geep Industries (India), 3 others
Fri, Aug 31, 2018
The Competition Commission today imposed a total penalty Rs 9.69 crore on Geep Industries (India) and three individuals, including a senior official of the firm, for cartelisation in sale of dry cell batteries.
Walmart-Flipkart deal: CCI says discounting practice 'already prevalent', no bar on it to probe
Sun, Aug 12, 2018
Walmart-Flipkart deal: Having cleared global retail giant Walmart's USD 16 billion acquisition of home-grown Flipkart, fair trade watchdog CCI has opined that complaints about the deal violating FDI rules "may merit policy intervention" but do not fall under its ambit.
NCLAT dismisses cement manufacturers' plea against Rs 6,300 cr CCI penalty for cartelisation
Thu, Jul 26, 2018
In August 2016, CCI had slapped approximately Rs 6,700 crore penalty on 11 cement firms including UltraTech, ACC, Ambuja, Ramco and JK Cement as well as the industry body Cement Manufacturers' Association (CMA) for indulging in cartelisation.
Walmart India, Flipkart top executives meet CCI; apprise of biz activities
Wed, May 23, 2018
Top executives of Walmart India and Flipkart today met fair trade regulator CCI to explain their activities in the country, days after submitting an application seeking approval for their USD 16-billion mega merger deal.