Fair Trade Regulator
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Adani Power Gets Anti-Trust Body Nod To Acquire Lanco Amarkantak Power
Fair trade regulator Competition Commission of India (CCI) cleared Adani Power's proposed acquisition of Lanco Amarkantak Power.
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Google Fined $32 Million by South Korea Antitrust Regulator for Blocking Mobile Games on Competing Platform
The Korea Fair Trade Commission (KFTC) said on Tuesday that Google bolstered its market dominance, and hurt local app market One Store's revenue and value as a platform, by requiring video game makers to exclusively release their titles on Google Play in exchange for providing in-app exposure between June 2016 and April 2018.
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Pay Rs 1,337 Crore Penalty Within 30 Days: Tribunal To Google
Google will have to pay the penalty of Rs 1,337.76 crore imposed by the fair trade regulator CCI, the National Company Law Appellate Tribunal ruled today.
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Google Has Created Digital Data Hegemony, CCI Alleges Before NCLAT
Fair trade regulator CCI on Thursday alleged that Google has created a digital data hegemony and called for a market space with "free, fair and open competition". Concluding the arguments of the Competition Commission of India (CCI) before the appellate tribunal NCLAT in the Google matter, Additional Solicitor General N Venkataraman said a market w...
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Google Directed to Pay 10 Percent of Rs 1,337.76 Crore CCI Penalty by NCLAT
The National Company Law Appellate Tribunal (NCLAT) on Wednesday refused to grant immediate relief to Google and directed the US firm to pay 10 percent of the Rs 1,337.76-crore penalty imposed on the tech giant by fair trade regulator CCI. The apellate tribunal has issued notices to the Competition Commission of India and the matter will be listed ...
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Tesla Hit With KRW 2.85 Billion Fine in South Korea Over Alleged False Advertising
Tesla was hit with a KRW 2.85 billion (roughly Rs. 18 crore) fine after a South Korean regulator said it failed to tell its customers about the shorter driving range of its electric vehicles in low temperatures. The driving range of electric vehicles manufactured by Tesla plunge in cold weather by up to 50.5 percent versus how they are advertised o...
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Google Faces Over Rs. 1330 Crore Fine by CCI for Misusing Dominant Position in Android Mobile Market
The Competition Commission on Thursday imposed a penalty of Rs 1,337.76 crore on Google for abusing its dominant position in multiple markets in the android mobile device ecosystem. Besides, the fair trade regulator has directed the internet major to cease and desist from unfair business practices.Â
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Anti-Trust Body Nod For Merger Of HDFC Bank, HDFC Ltd
Fair trade regulator Competition Commission of India (CCI) has approved the merger proposal of HDFC Bank and its parent HDFC Ltd.
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Amazon's Petition Against Future Rejected; ₹ 200 Crore Penalty Imposed
The National Company Law Tribunal (NCLT) rejects Amazon's plea challenging the decision of fair trade regulator, Competition Commission of India (CCI) to suspend the approval for the e-commerce major's deal with Future Coupons.
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Future Group Stocks Surge 20% After 2019 Amazon Deal Is Suspended: 10 Points
Shares of India's Future Group companies surged as much as 20 per cent on Monday after the fair trade regulator Competition Commission of India (CCI) has suspended Amazon's 2019 deal with the group. The antitrust agency has also imposed a Rs 202 crore penalty on the e-commerce major for certain contraventions.
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Competition Commission of India To Probe WhatsApp's New Privacy Policy
Fair trade regulator Competition Commission of India (CCI) has directed its investigation arm to conduct a probe into WhatsApp's updated privacy policy and terms of service on prima facie finding that the firm has contravened competition law provisions through its "exploitative and exclusionary conduct" in the garb of the policy update.
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Supreme Court Stays Order For Fair Trade Regulator Probe Against Flipkart
Senior advocate Harish Salve, appearing for Flipkart, said that CCI doesn't look at the findings of the Government and relied on the tax department findings and misread the findings of the tax tribunal.
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Reliance Surges After Fair Trade Regulator Clears Deal With Future Group
The Rs 24,713 crore deal that would boost Reliance Industries' fast growing retail business was announced in August.
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Nifty, Sensex Gain Amid COVID-19 Vaccine Hopes; Reliance Industries Leads Pack
Reliance Industries advanced 3 per centafter the country's fair trade regulator approved its deal to buy Future Group's retail assets.
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Fair Trade Regulator Clears Reliance-Future Retail Deal Despite Amazon Objection
Amazon - an investor in one of Future's holding companies - last month won an injunction against the deal from an arbitrator in Singapore.
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Adani Power Gets Anti-Trust Body Nod To Acquire Lanco Amarkantak Power
Fair trade regulator Competition Commission of India (CCI) cleared Adani Power's proposed acquisition of Lanco Amarkantak Power.
-
Google Fined $32 Million by South Korea Antitrust Regulator for Blocking Mobile Games on Competing Platform
The Korea Fair Trade Commission (KFTC) said on Tuesday that Google bolstered its market dominance, and hurt local app market One Store's revenue and value as a platform, by requiring video game makers to exclusively release their titles on Google Play in exchange for providing in-app exposure between June 2016 and April 2018.
-
Pay Rs 1,337 Crore Penalty Within 30 Days: Tribunal To Google
Google will have to pay the penalty of Rs 1,337.76 crore imposed by the fair trade regulator CCI, the National Company Law Appellate Tribunal ruled today.
-
Google Has Created Digital Data Hegemony, CCI Alleges Before NCLAT
Fair trade regulator CCI on Thursday alleged that Google has created a digital data hegemony and called for a market space with "free, fair and open competition". Concluding the arguments of the Competition Commission of India (CCI) before the appellate tribunal NCLAT in the Google matter, Additional Solicitor General N Venkataraman said a market w...
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Google Directed to Pay 10 Percent of Rs 1,337.76 Crore CCI Penalty by NCLAT
The National Company Law Appellate Tribunal (NCLAT) on Wednesday refused to grant immediate relief to Google and directed the US firm to pay 10 percent of the Rs 1,337.76-crore penalty imposed on the tech giant by fair trade regulator CCI. The apellate tribunal has issued notices to the Competition Commission of India and the matter will be listed ...
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Tesla Hit With KRW 2.85 Billion Fine in South Korea Over Alleged False Advertising
Tesla was hit with a KRW 2.85 billion (roughly Rs. 18 crore) fine after a South Korean regulator said it failed to tell its customers about the shorter driving range of its electric vehicles in low temperatures. The driving range of electric vehicles manufactured by Tesla plunge in cold weather by up to 50.5 percent versus how they are advertised o...
-
Google Faces Over Rs. 1330 Crore Fine by CCI for Misusing Dominant Position in Android Mobile Market
The Competition Commission on Thursday imposed a penalty of Rs 1,337.76 crore on Google for abusing its dominant position in multiple markets in the android mobile device ecosystem. Besides, the fair trade regulator has directed the internet major to cease and desist from unfair business practices.Â
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Anti-Trust Body Nod For Merger Of HDFC Bank, HDFC Ltd
Fair trade regulator Competition Commission of India (CCI) has approved the merger proposal of HDFC Bank and its parent HDFC Ltd.
-
Amazon's Petition Against Future Rejected; ₹ 200 Crore Penalty Imposed
The National Company Law Tribunal (NCLT) rejects Amazon's plea challenging the decision of fair trade regulator, Competition Commission of India (CCI) to suspend the approval for the e-commerce major's deal with Future Coupons.
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Future Group Stocks Surge 20% After 2019 Amazon Deal Is Suspended: 10 Points
Shares of India's Future Group companies surged as much as 20 per cent on Monday after the fair trade regulator Competition Commission of India (CCI) has suspended Amazon's 2019 deal with the group. The antitrust agency has also imposed a Rs 202 crore penalty on the e-commerce major for certain contraventions.
-
Competition Commission of India To Probe WhatsApp's New Privacy Policy
Fair trade regulator Competition Commission of India (CCI) has directed its investigation arm to conduct a probe into WhatsApp's updated privacy policy and terms of service on prima facie finding that the firm has contravened competition law provisions through its "exploitative and exclusionary conduct" in the garb of the policy update.
-
Supreme Court Stays Order For Fair Trade Regulator Probe Against Flipkart
Senior advocate Harish Salve, appearing for Flipkart, said that CCI doesn't look at the findings of the Government and relied on the tax department findings and misread the findings of the tax tribunal.
-
Reliance Surges After Fair Trade Regulator Clears Deal With Future Group
The Rs 24,713 crore deal that would boost Reliance Industries' fast growing retail business was announced in August.
-
Nifty, Sensex Gain Amid COVID-19 Vaccine Hopes; Reliance Industries Leads Pack
Reliance Industries advanced 3 per centafter the country's fair trade regulator approved its deal to buy Future Group's retail assets.
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Fair Trade Regulator Clears Reliance-Future Retail Deal Despite Amazon Objection
Amazon - an investor in one of Future's holding companies - last month won an injunction against the deal from an arbitrator in Singapore.
