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CCI Imposes Rs 213 Crore Penalty on Meta; Firm Plans to Appeal Decision
The Competition Commission of India imposed a Rs 213-crore penalty on Meta regarding its WhatsApp privacy policy on Monday, and the company expressed disagreement with the decision and said that it intends to appeal. The CCI directed WhatsApp on Monday to desist from sharing user data with Meta-owned applications for advertising purposes for a peri...
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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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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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Competition Commission of India Recalls Flipkart Antitrust Probe Report After Xiaomi Complaint
In a lengthy investigation that started in 2020, the CCI found Flipkart gave preference to select sellers and prioritised certain listings and also colluded with companies like Xiaomi, Samsung and Vivo to launch phones exclusively on their websites. The watchdog has now told recipients of the Flipkart report to destroy it and give an undertaking to...
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Indian Retail Group Seeks Antitrust Probe on Quick Commerce Brands Swiggy, Blinkit, Zepto
The All India Consumer Products Distributors Federation (AICPDF) has asked the antitrust authority to investigate Zomato's Blinkit, Zepto, and Swiggy. The AICPDF has alleged that quick commerce firms were practising predatory pricing while also sidelining the traditional salespeople.
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Online Sellers on Walmart's Flipkart Sue Competition Commission of India Over Antitrust Probe
Three of Flipkart sellers - CIGFIL Retail, Wishery Online, Xonique Ventures have sued the Competition Commission of India (CCI) over an investigation which found they, Flipkart and rival Amazon breached competition laws. Flipkart and the CCI did not immediately respond to a request for comment.
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Former Amazon Seller Sues Competition Commission of India Over Antitrust Probe
A former top Amazon seller has asked a judge to quash an antitrust investigation that found the US e-commerce company and some of its sellers breached local competition laws.
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Xiaomi Seeks Recall Of Controversial Antitrust Report On Flipkart From India
China's Xiaomi has asked India's antitrust body to recall its report that found the company and Walmart's Flipkart breached competition laws, arguing it contains commercial secrets, two people familiar with the matter said.
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CCI Accuses Samsung, Xiaomi of Colluding With Amazon and Flipkart
Samsung, Xiaomi and other smartphone manufacturers have been accused of colluding with Amazon and Walmart's Flipkart for exclusive product launches on their Indian e-commerce platforms, violating antitrust laws, as per regulatory reports from the Competition Commission of India. The involvement of smartphone manufacturers such as Samsung and Xiaomi...
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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.
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NCLT Approves Merger of Viacom 18, Star India After CCI Nod
The National Company Law Tribunal (NCLT) on Friday approved a merger scheme that will allow Viacom 18 Media with Star India. The merger of Reliance Industries and The Walt Disney Co's media assets was approved earlier this week by the Competition Commission of India and will create the country's largest media empire.
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Disney-Reliance Pitch Concessions for India Merger, Refuse to Sell Cricket Streaming Rights
Reliance-Disney are aiming to create India's biggest entertainment player which will compete with Sony, Netflix and Amazon with 120 TV channels and two streaming services. Many antitrust experts had said that one way to clear the antitrust hurdle was to sell some cricket rights.
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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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CCI Said to Have Flagged Disney-Reliance $8.5 Billion Merger Over Cricket Rights Concerns
India's antitrust body has reached an initial assessment that the $8.5 billion (roughly Rs. 71,199 crore) India merger of Reliance and Walt Disney media assets harms competition due to their power over cricket broadcast rights, four sources told Reuters on Tuesday.
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CCI Imposes Rs 213 Crore Penalty on Meta; Firm Plans to Appeal Decision
The Competition Commission of India imposed a Rs 213-crore penalty on Meta regarding its WhatsApp privacy policy on Monday, and the company expressed disagreement with the decision and said that it intends to appeal. The CCI directed WhatsApp on Monday to desist from sharing user data with Meta-owned applications for advertising purposes for a peri...
-
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.
-
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.
-
Competition Commission of India Recalls Flipkart Antitrust Probe Report After Xiaomi Complaint
In a lengthy investigation that started in 2020, the CCI found Flipkart gave preference to select sellers and prioritised certain listings and also colluded with companies like Xiaomi, Samsung and Vivo to launch phones exclusively on their websites. The watchdog has now told recipients of the Flipkart report to destroy it and give an undertaking to...
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Indian Retail Group Seeks Antitrust Probe on Quick Commerce Brands Swiggy, Blinkit, Zepto
The All India Consumer Products Distributors Federation (AICPDF) has asked the antitrust authority to investigate Zomato's Blinkit, Zepto, and Swiggy. The AICPDF has alleged that quick commerce firms were practising predatory pricing while also sidelining the traditional salespeople.
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Online Sellers on Walmart's Flipkart Sue Competition Commission of India Over Antitrust Probe
Three of Flipkart sellers - CIGFIL Retail, Wishery Online, Xonique Ventures have sued the Competition Commission of India (CCI) over an investigation which found they, Flipkart and rival Amazon breached competition laws. Flipkart and the CCI did not immediately respond to a request for comment.
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Former Amazon Seller Sues Competition Commission of India Over Antitrust Probe
A former top Amazon seller has asked a judge to quash an antitrust investigation that found the US e-commerce company and some of its sellers breached local competition laws.
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Xiaomi Seeks Recall Of Controversial Antitrust Report On Flipkart From India
China's Xiaomi has asked India's antitrust body to recall its report that found the company and Walmart's Flipkart breached competition laws, arguing it contains commercial secrets, two people familiar with the matter said.
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CCI Accuses Samsung, Xiaomi of Colluding With Amazon and Flipkart
Samsung, Xiaomi and other smartphone manufacturers have been accused of colluding with Amazon and Walmart's Flipkart for exclusive product launches on their Indian e-commerce platforms, violating antitrust laws, as per regulatory reports from the Competition Commission of India. The involvement of smartphone manufacturers such as Samsung and Xiaomi...
-
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.
-
NCLT Approves Merger of Viacom 18, Star India After CCI Nod
The National Company Law Tribunal (NCLT) on Friday approved a merger scheme that will allow Viacom 18 Media with Star India. The merger of Reliance Industries and The Walt Disney Co's media assets was approved earlier this week by the Competition Commission of India and will create the country's largest media empire.
-
Disney-Reliance Pitch Concessions for India Merger, Refuse to Sell Cricket Streaming Rights
Reliance-Disney are aiming to create India's biggest entertainment player which will compete with Sony, Netflix and Amazon with 120 TV channels and two streaming services. Many antitrust experts had said that one way to clear the antitrust hurdle was to sell some cricket rights.
-
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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CCI Said to Have Flagged Disney-Reliance $8.5 Billion Merger Over Cricket Rights Concerns
India's antitrust body has reached an initial assessment that the $8.5 billion (roughly Rs. 71,199 crore) India merger of Reliance and Walt Disney media assets harms competition due to their power over cricket broadcast rights, four sources told Reuters on Tuesday.
