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Competition Commission of India (CCI)

CCI imposes Rs 213.14 crore penalty on meta for anti-competitive practices

CCI imposes Rs 213.14 crore penalty on meta for anti-competitive practices

Tue, Nov 19, 2024

The Commission concluded that WhatsApp, operated by Meta, holds a dominant position in the OTT messaging app market in India.

We disagree with decision, plan to appeal: Meta on CCI imposing Rs 213-crore penalty

We disagree with decision, plan to appeal: Meta on CCI imposing Rs 213-crore penalty

Tue, Nov 19, 2024

Meta and WhatsApp have also been asked to implement certain behavioural remedies within a defined timeline to address the anti-competition issues, according to a CCI order.

NRAI seeks full access to CCI report on Zomato and Swiggy's practices

NRAI seeks full access to CCI report on Zomato and Swiggy's practices

Sat, Nov 09, 2024

In March 2024, the NRAI received a partially redacted version of the CCI's investigation report.

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Sebi seeks powers to grant immunity, impose lesser penalty in lieu of assistance in probe

Sebi seeks powers to grant immunity, impose lesser penalty in lieu of assistance in probe

Sun, Mar 10, 2019

Also, the penalty cannot be reduced in cases where the disclosure is made after receipt of report of inspection, inquiry, audit or investigation. In cases where the informant stops cooperating with the regulator before completion of the proceedings would also not qualify for the leniency.

Effective competition important for fostering innovation: CEA

Effective competition important for fostering innovation: CEA

Fri, Mar 01, 2019

Therefore, competition policy in the context of innovation becomes really critical," he said at a lecture organised by Competition Commission of India (CII) here.

Relief for DLF: CCI dismisses two complaints against realty major

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.

CCI approves Teleperformance's $1 bn acquisition of Intelenet

CCI approves Teleperformance's $1 bn acquisition of Intelenet

Tue, Aug 14, 2018

According to the notice submitted to the regulator, the transaction relates to the acquisition of 100 per cent of the equity share capital of Intelenet BPO Holdings as well as Intelenet Global Services by DCC and Indian SubCo from Indianet Bidco.

Theft of valuables kept in your lockers are not bank's responsibility

Theft of valuables kept in your lockers are not bank's responsibility

Mon, Jun 26, 2017

As per the report, the lawyer quoted the clause by 19 banks which also included Bank of India, Oriental Bank of Commerce, Punjab National Bank, UCO and Canara, among others, stating, "the relationship they have with customers with regard to lockers is that of lessee (landlord) and lessor (tenant)".

Competition Commission imposes Rs 591 crore penalty on Coal India

Competition Commission imposes Rs 591 crore penalty on Coal India

Sat, Mar 25, 2017

"CCI has imposed a penalty of Rs 591.01 crore upon CIL for the abusive conduct," it said.

CCI rejects complaint against BookMyShow.Com

CCI rejects complaint against BookMyShow.Com

Sun, Mar 19, 2017

Big Tree Entertainment is the only distributor for Vista box office software in India, as per the CCI order.

Reliance Jio drags Airtel, Vodafone, Idea to CCI

Reliance Jio drags Airtel, Vodafone, Idea to CCI

Mon, Nov 28, 2016

Reliance Jio told Competition Commission that Airtel, Vodafone, Idea throttling its entry in telecom sector by forming cartel.

CCI slaps fine of nearly Rs 73 crore on Lupin; Stock down 0.76%

CCI slaps fine of nearly Rs 73 crore on Lupin; Stock down 0.76%

Tue, Aug 02, 2016

CCI has imposed monetary penalty of nearly Rs 73 crore on pharma company Lupin for allegedly refusing to supply drugs to M/s Maruti & Co., in Karnataka state on account of non-possession of NOC from Karnataka Chemists and Druggist Association (KCDA).

CCI approves McNally Bharat-Kilburn deal

CCI approves McNally Bharat-Kilburn deal

Thu, Jun 16, 2016

Fair trade regulator CCI has approved the proposed amalgamation of McNally Bharat, its subsidiary McNally Sayaji Engineering and EMC Ltd with Kilburn Engineering. McNally Bharat is mainly into turnkey projects across diverse sectors and holds over 74 % stake in McNally Sayaji.

Absence of pro-competition policy promotes crony capitalism: Arun Jaitley

Absence of pro-competition policy promotes crony capitalism: Arun Jaitley

Sat, May 21, 2016

Citing an example of Russia, he said, the country went in for a lot of privatisation without emphasis on pro-competition resulting in the creation of oligarchs.

CCI approves PVR-DT Cinemas' Rs 500 crore deal, asks to exclude certain assets

CCI approves PVR-DT Cinemas' Rs 500 crore deal, asks to exclude certain assets

Sat, May 07, 2016

In a regulatory filing, DLF said now, the deal will exclude seven screens in Saket and Greater Kailash in South Delhi.

Ultratech Cement's Q4 net rises 10% to Rs 723 crore

Ultratech Cement's Q4 net rises 10% to Rs 723 crore

Tue, Apr 26, 2016

The flagship firm of the Aditya Birla Group had clocked a net profit of Rs 657.20 crore in the year-ago period.

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