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Google Says CCI Orders Strike Blow at Digital Adoption in India, Will Lead to Higher Prices
Google on Friday hit out at the competition regulator for slapping penalties for alleged abuse of its dominant position, saying the orders strike a blow at the effort to accelerate digital adoption in India and will lead to higher prices. Failing to secure an interim relief on more than Rs. 2,200 crore fine imposed by the Competition Commission of ...
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Google Challenges CCI Order on Android Devices, Calls It Setback for Indian Users
Google has challenged a CCI order accusing the tech giant of abusing its dominant position in multiple markets in the Android mobile device ecosystem. The Competition Commission had slapped a penalty of Rs 1,337.76 crore on Google for anti-competitive practices in relation to Android mobile devices in October.
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Google Said to Pay $400 Million to Settle Location-Tracking Lawsuit
Alphabet's Google will pay about $400 million (nearly Rs. 3,200 crore) to settle a complaint brought by a group of states over allegations the search and advertising giant illegally tracked users' locations, two people familiar with the matter said. The lawsuit, which includes Oregon, the people said, is a sign of mounting legal headaches for the t...
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Facebook Parent Meta Ordered to Pay $10.5 Million Legal Fees to Washington State
Facebook parent company Meta has been ordered to pay $10.5 million (nearly Rs. 86 crore) in legal fees to Washington state atop a nearly $25 million (nearly Rs. 200 crore) fine for repeated and intentional violations of campaign finance disclosure laws. King County Superior Court Judge Douglass North issued the legal-fee order Friday, two days afte...
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Amazon-Future Deal Suspended, Rs. 200 Crore Fine Slapped by Competition Commission of India
Amazon's 2019 investment in Future Group that got approval from India’s antitrust regulator has now been suspended. The Competition Commission of India said in a fresh order that Amazon "suppressed the actual scope" of the deal and had made "false and incorrect statements" while seeking approval for the $200 million (roughly Rs. 1,500 crore) inve...
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Amazon Fined 200 Crores, Deal To Buy Retailer Future Suspended: 10 Points
The Competition Commission of India (CCI) on Friday suspended its more than two-year-old approval for Amazon's deal to acquire stake in retailer Future Coupons Private Limited. The CCI also imposed a Rs 202 crore penalty on the e-commerce major for hiding facts and making false statements while seeking regulatory approvals in 2019. In a 57-page ord...
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Amazon Fined 200 Crores, Deal To Buy Retailer Future Is Suspended
Amazon had "suppressed the actual scope" of the deal and had made "false and incorrect statements" while seeking approvals, the CCI order added.
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Amazon, Apple Handed EUR 200 Million Italian Fine for Alleged Collusion in Product Sales
Italy's antitrust authority has fined US tech giants Amazon and Apple a total of more than EUR 200 million (roughly Rs. 1,675 crore) for alleged anti-competitive cooperation in the sale of Apple and Beats products.
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India's Antitrust Body Fines Maruti Suzuki Rs. 200 Crore Over Dealer Discount Policy
India's antitrust regulator has fined Maruti Suzuki, the country's biggest carmaker, Rs. 200 crore ($27 million) for anti-competitive practices related to how it forced dealers to discount cars, the watchdog said in an order on Monday.
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UP Police Files 13,200 Cases, Collects Rs 5.87 Crore Fine Amid Lockdown
Acting strictly against those not following the lockdown regulations, the Uttar Pradesh police has registered over 13,200 FIRs and charged more than 42,350 people for violating the prohibitory orders, a senior official said on Friday.
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Reports About Cancellation Of Fine On Adani Port 'Incorrect': Government
According to reports, the erstwhile UPA government had in 2013 imposed a fine of Rs 200 crore on the company for environmental damage caused during construction of its port in Mundra in Gujarat and that the present NDA dispensation has waived the penalty.
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Gujarat-based Adani group fined 200 crore for environmental damage
The Gujarat-based Adani group has been fined Rs 200 crore by the Union environment ministry for damaging mangroves and creeks while developing its port project.
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Google Says CCI Orders Strike Blow at Digital Adoption in India, Will Lead to Higher Prices
Google on Friday hit out at the competition regulator for slapping penalties for alleged abuse of its dominant position, saying the orders strike a blow at the effort to accelerate digital adoption in India and will lead to higher prices. Failing to secure an interim relief on more than Rs. 2,200 crore fine imposed by the Competition Commission of ...
-
Google Challenges CCI Order on Android Devices, Calls It Setback for Indian Users
Google has challenged a CCI order accusing the tech giant of abusing its dominant position in multiple markets in the Android mobile device ecosystem. The Competition Commission had slapped a penalty of Rs 1,337.76 crore on Google for anti-competitive practices in relation to Android mobile devices in October.
-
Google Said to Pay $400 Million to Settle Location-Tracking Lawsuit
Alphabet's Google will pay about $400 million (nearly Rs. 3,200 crore) to settle a complaint brought by a group of states over allegations the search and advertising giant illegally tracked users' locations, two people familiar with the matter said. The lawsuit, which includes Oregon, the people said, is a sign of mounting legal headaches for the t...
-
Facebook Parent Meta Ordered to Pay $10.5 Million Legal Fees to Washington State
Facebook parent company Meta has been ordered to pay $10.5 million (nearly Rs. 86 crore) in legal fees to Washington state atop a nearly $25 million (nearly Rs. 200 crore) fine for repeated and intentional violations of campaign finance disclosure laws. King County Superior Court Judge Douglass North issued the legal-fee order Friday, two days afte...
-
Amazon-Future Deal Suspended, Rs. 200 Crore Fine Slapped by Competition Commission of India
Amazon's 2019 investment in Future Group that got approval from India’s antitrust regulator has now been suspended. The Competition Commission of India said in a fresh order that Amazon "suppressed the actual scope" of the deal and had made "false and incorrect statements" while seeking approval for the $200 million (roughly Rs. 1,500 crore) inve...
-
Amazon Fined 200 Crores, Deal To Buy Retailer Future Suspended: 10 Points
The Competition Commission of India (CCI) on Friday suspended its more than two-year-old approval for Amazon's deal to acquire stake in retailer Future Coupons Private Limited. The CCI also imposed a Rs 202 crore penalty on the e-commerce major for hiding facts and making false statements while seeking regulatory approvals in 2019. In a 57-page ord...
-
Amazon Fined 200 Crores, Deal To Buy Retailer Future Is Suspended
Amazon had "suppressed the actual scope" of the deal and had made "false and incorrect statements" while seeking approvals, the CCI order added.
-
Amazon, Apple Handed EUR 200 Million Italian Fine for Alleged Collusion in Product Sales
Italy's antitrust authority has fined US tech giants Amazon and Apple a total of more than EUR 200 million (roughly Rs. 1,675 crore) for alleged anti-competitive cooperation in the sale of Apple and Beats products.
-
India's Antitrust Body Fines Maruti Suzuki Rs. 200 Crore Over Dealer Discount Policy
India's antitrust regulator has fined Maruti Suzuki, the country's biggest carmaker, Rs. 200 crore ($27 million) for anti-competitive practices related to how it forced dealers to discount cars, the watchdog said in an order on Monday.
-
UP Police Files 13,200 Cases, Collects Rs 5.87 Crore Fine Amid Lockdown
Acting strictly against those not following the lockdown regulations, the Uttar Pradesh police has registered over 13,200 FIRs and charged more than 42,350 people for violating the prohibitory orders, a senior official said on Friday.
-
Reports About Cancellation Of Fine On Adani Port 'Incorrect': Government
According to reports, the erstwhile UPA government had in 2013 imposed a fine of Rs 200 crore on the company for environmental damage caused during construction of its port in Mundra in Gujarat and that the present NDA dispensation has waived the penalty.
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Gujarat-based Adani group fined 200 crore for environmental damage
The Gujarat-based Adani group has been fined Rs 200 crore by the Union environment ministry for damaging mangroves and creeks while developing its port project.
