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Fast-Delivery Companies Zomato, Swiggy, Zepto Face Antitrust Case Over Discounts
The All India Consumer Products Distributors Federation (AICPDF), in a case filing with the Competition Commission of India, has asked for an investigation into many business practices of Zomato's Blinkit, Swiggy's instamart, and Zepto, including how discounts are doled out.
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Disruptive 10-Minute Deliveries Spread To India's Food Business
Food delivery apps in India promise to bring food to customers' doorsteps in under 10 minutes, as competition for impatient consumers intensifies among digital platforms.
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Google's Biggest Bet Is Applying AI to Its Search Business, Says Alphabet Investment Chief
Applying AI to the search business that made Google a household name remains the largest gambit for the company, Ruth Porat, Alphabet's president and chief investment officer, said at the Reuters NEXT conference in New York on Tuesday.
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Canada's Antitrust Watchdog Sues Google Over Alleged Anti-Competitive Conduct in Advertising
Canada's Competition Bureau is suing Alphabet's Google over alleged anti-competitive conduct in online advertising. The Competition Bureau, in a statement, said it had filed an application with the Competition Tribunal seeking an order that, among other things, requires Google to sell two of its ad tech tools.
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Reliance and Disney Complete Merger to Create a Rs. 70,352 Crore Joint Venture
Reliance Industries Limited announced the completion of a merger with the India business of global media house Walt Disney on Thursday. With this, Viacom 18 Media Private Limited, Reliance Industries Limited, and The Walt Disney Company announced the formation of a joint venture. The joint venture was formed after the approval by the National Compa...
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"Committed To Complying" With Competition Law, Say Zomato, Swiggy
Facing a CCI probe for anti-competitive practices, online food delivery platform Zomato has asserted it complies with the country's laws while rival Swiggy said it is committed to complying with local regulations.
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Probe Finds Zomato, Swiggy Breached Antitrust Laws: Report
An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring restaurant chains listed on their platforms, documents show.
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Competition Commission of India Finds Zomato, Swiggy Breached Antitrust Laws, Documents Show
CCI's antitrust investigation against Swiggy and its top rival Zomato began in 2022 after a complaint by National Restaurant Association of India about the impact on food outlets of alleged anti-competitive practices of the platforms.
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IBM Releases New AI Models for Businesses as GenAI Competition Heats Up
IBM is looking to capitalise on the surge in enterprises adopting generative AI technology. 'Granite 3.0' models will be made open-source. This approach differs from rivals such as Microsoft that charge customers for access to their models.
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Bharti Airtel Reportedly in Negotiations to Acquire Loss-Making Tata Play DTH Business
Bharti Airtel is in talks to acquire Tata Play direct to home (DTH) service which is currently said to be a loss-making business, according to a report. This move will reportedly strengthen Airtel’s presence in the digital TV segment, facing competition from the likes of D2H and DishTV.
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Competition Commission of India Finds Amazon, Walmart-Owned Flipkart in Violation of Antitrust Laws
The Competition Commission of India (CCI) in 2020 ordered an investigation into Amazon and Flipkart for allegedly promoting certain sellers with which they had business arrangements and giving priority to certain listings.Â
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India Antitrust Body Warns Staff Over Unauthorised Media Contacts, Memo Shows
India's antitrust watchdog has warned staff in an internal memo not to share any information with the media when they are not authorized to do so, citing a 60-year-old rule that prohibits such interactions, a document shows.
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Antitrust Body Finds Apple Abused Position In Apps Market In India
An investigation by the country's antitrust body has found that Apple exploited its dominant position in the market for app stores on its iOS operating system, engaging "in abusive conduct and practices", a confidential report seen by Reuters showed.
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IGNOU Invites Applications For Startup Competition 2024
IGNOU Startup Competition 2024: The deadline to fill the applications is July 31, 2024.
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All About Q: Amazon's AI Chatbot For Businesses For $20 A Month
Amazon on Tuesday released its own AI chatbot intended for businesses, about one year after ChatGPT took the world by storm. "Q" will be available only to Amazon's AWS cloud computing customers and will be in direct competition with OpenAI's ChatGPT
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Fast-Delivery Companies Zomato, Swiggy, Zepto Face Antitrust Case Over Discounts
The All India Consumer Products Distributors Federation (AICPDF), in a case filing with the Competition Commission of India, has asked for an investigation into many business practices of Zomato's Blinkit, Swiggy's instamart, and Zepto, including how discounts are doled out.
-
Disruptive 10-Minute Deliveries Spread To India's Food Business
Food delivery apps in India promise to bring food to customers' doorsteps in under 10 minutes, as competition for impatient consumers intensifies among digital platforms.
-
Google's Biggest Bet Is Applying AI to Its Search Business, Says Alphabet Investment Chief
Applying AI to the search business that made Google a household name remains the largest gambit for the company, Ruth Porat, Alphabet's president and chief investment officer, said at the Reuters NEXT conference in New York on Tuesday.
-
Canada's Antitrust Watchdog Sues Google Over Alleged Anti-Competitive Conduct in Advertising
Canada's Competition Bureau is suing Alphabet's Google over alleged anti-competitive conduct in online advertising. The Competition Bureau, in a statement, said it had filed an application with the Competition Tribunal seeking an order that, among other things, requires Google to sell two of its ad tech tools.
-
Reliance and Disney Complete Merger to Create a Rs. 70,352 Crore Joint Venture
Reliance Industries Limited announced the completion of a merger with the India business of global media house Walt Disney on Thursday. With this, Viacom 18 Media Private Limited, Reliance Industries Limited, and The Walt Disney Company announced the formation of a joint venture. The joint venture was formed after the approval by the National Compa...
-
"Committed To Complying" With Competition Law, Say Zomato, Swiggy
Facing a CCI probe for anti-competitive practices, online food delivery platform Zomato has asserted it complies with the country's laws while rival Swiggy said it is committed to complying with local regulations.
-
Probe Finds Zomato, Swiggy Breached Antitrust Laws: Report
An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring restaurant chains listed on their platforms, documents show.
-
Competition Commission of India Finds Zomato, Swiggy Breached Antitrust Laws, Documents Show
CCI's antitrust investigation against Swiggy and its top rival Zomato began in 2022 after a complaint by National Restaurant Association of India about the impact on food outlets of alleged anti-competitive practices of the platforms.
-
IBM Releases New AI Models for Businesses as GenAI Competition Heats Up
IBM is looking to capitalise on the surge in enterprises adopting generative AI technology. 'Granite 3.0' models will be made open-source. This approach differs from rivals such as Microsoft that charge customers for access to their models.
-
Bharti Airtel Reportedly in Negotiations to Acquire Loss-Making Tata Play DTH Business
Bharti Airtel is in talks to acquire Tata Play direct to home (DTH) service which is currently said to be a loss-making business, according to a report. This move will reportedly strengthen Airtel’s presence in the digital TV segment, facing competition from the likes of D2H and DishTV.
-
Competition Commission of India Finds Amazon, Walmart-Owned Flipkart in Violation of Antitrust Laws
The Competition Commission of India (CCI) in 2020 ordered an investigation into Amazon and Flipkart for allegedly promoting certain sellers with which they had business arrangements and giving priority to certain listings.Â
-
India Antitrust Body Warns Staff Over Unauthorised Media Contacts, Memo Shows
India's antitrust watchdog has warned staff in an internal memo not to share any information with the media when they are not authorized to do so, citing a 60-year-old rule that prohibits such interactions, a document shows.
-
Antitrust Body Finds Apple Abused Position In Apps Market In India
An investigation by the country's antitrust body has found that Apple exploited its dominant position in the market for app stores on its iOS operating system, engaging "in abusive conduct and practices", a confidential report seen by Reuters showed.
-
IGNOU Invites Applications For Startup Competition 2024
IGNOU Startup Competition 2024: The deadline to fill the applications is July 31, 2024.
-
All About Q: Amazon's AI Chatbot For Businesses For $20 A Month
Amazon on Tuesday released its own AI chatbot intended for businesses, about one year after ChatGPT took the world by storm. "Q" will be available only to Amazon's AWS cloud computing customers and will be in direct competition with OpenAI's ChatGPT
