Page 5 - Cci

Top restaurant body moves CCI for redress on issues with Zomato, Swiggy

Main issues include bundling of services, data masking and exorbitant commissions, deep discounting, including forcing the restaurant partners to give discounts to maintain listing

Zomato seeks CCI nod for 9.3% stake in e-grocery major Grofers

Food delivery app Zomato, which is working to explore public markets later this year, has reached an agreement to invest $100 million in online grocer Grofers for about a 10 per cent stake.

CCI okays acquisition of Zuari Agro Chemicals plant by Paradeep Phosphates

The plant is located in Goa

Setback for Facebook as Delhi HC refuses to stay CCI's privacy notice

Facebook and WhatsApp have sought stay on the CCI's notices asking them to furnish certain information for the inquiry conducted by it

Delhi High Court refuses to stay notice issued to WhatsApp by CCI

The Delhi High Court on Wednesday refused to stay the notice dated June 4, 2021, to WhatsApp by the Director-General of Competition Commission of India (CCI)

Antitrust watchdog CCI orders probe into Google in smart TVs suit

India's antitrust watchdog on Tuesday ordered an investigation into allegations that Alphabet Inc's Google abused its Android operating system's position in the country's smart television market.

Delhi HC reserves order on Facebook, WhatsApp pleas challenging CCI notice

The Delhi High Court on Monday reserved its order on pleas by Facebook and WhatsApp challenging the Competition Commission of India's June 4 notice

Delhi HC reserves order on Facebook, WhatsApp pleas challenging CCI order

The Delhi High Court reserved its order on pleas by Facebook and WhatsApp challenging the CCI's June 4 notice seeking certain information on the social media platform's new privacy policy

Flipkart, Amazon appeals in antitrust probe to be heard by HC on Monday

The e-commerce majors had filed separate appeals before the division Bench of the High Court, challenging a single-judge Bench order allowing the CCI to restart its probe against them.

Flipkart, Amazon challenge Karnataka HC order allowing CCI probe

Both appeals may be heard on Friday

CCI to expedite Amazon, Flipkart antitrust probe as tech focus intensifies

The Competition Commission of India (CCI) initiated a probe in January last year on the basis of a complaint alleging Amazon and Flipkart promoted select sellers on their e-commerce platforms

Karnataka HC dismisses petitions by Amazon, Flipkart to quash CCI probe

The Competition Commission of India (CCI) announced a probe in January 2020 into Amazon and Flipkart following a complaint from a trader group

Competition Comm clears Byju's buyout of Aakash Educational Services

The Competition Commission has approved ed-tech startup Byju's proposed acquisition of Aakash Educational Services Ltd (AESL). The deal, estimated to be worth around USD 1 billion, which will bolster Byju's presence in the test preparation segment in the country, was announced in April this year. On Tuesday, Competition Commission of India (CCI) said it has approved the proposed combination relating to Think & Learn Pvt Ltd (Byju's) acquisition of certain stake of AESL and thereafter their merger. "The proposed combination will result in merger of AESL into Byju's, as a consequence of which, Byju's will be the surviving entity. As such, Byju's shall effectively acquire complete and sole control over AESL," an official release said on Tuesday. Deals beyond certain threshold require approval from CCI. Byju's provides online educational services while AESL offers curriculum-based coaching for K-12 students and test preparatory services for various competitive examinations.

CCI gives approval to Heineken extra stake buy in United Breweries

UB is the country's largest beer company, while Heineken is the world's second-largest brewer after Anheuser-Busch (AB) InBev

DHFL resolution: Lenders move NCLAT against Kapil Wadhawan's offer

The committee of creditors cannot do it. Also, it requires a high threshold of approvals from the CoC.

Take extra care, ensure market processes are not undermined: Sitharaman

CCI should take "extra care" and ensure that no "omission or commission" result in undermining of market processes as businesses look for revival after the pandemic, says Nirmala Sitharaman

CCI seeing concession agreements in infra, public service delivery sector

Fair trade watchdog CCI is assessing model concession agreements in infrastructure and public service delivery segments to mitigate possible competition issues.

CCI approves sale of YES Bank's MF subsidiaries to GPL Finance

Fair trade regulator Competition Commission of India (CCI) on Tuesday approved the acquisition of Yes Asset Management (India) Ltd and Yes Trustee Limited by GPL Finance and Investments Ltd.

APSEZ gets CCI nod for 25% more stake purchase in Krishnapatnam port

The Competition Commission of India (CCI) on Tuesday gave nod to proposed acquisition of additional 25 per cent stake of Adani Krishnapatnam Port Ltd by Adani Ports and Special Economic Zone Ltd.

Tata Digital to raise Rs 5,000 cr via commercial papers to expand business

Tata Digital is creating a platform for the Tata Group's consumer business, acquiring 64 per cent in online grocer Big Basket.