Page 6 - Cci

CCI approves internal restructuring of IBM under green channel route

CCI has approved Kyndryl Holdings and Grand Ocean Managed Infrastructure Services' proposal for the internal restructuring of IBM Corporation under the green channel route

Tata Motors reviewing CCI order on probe against commercial vehicle biz

Tata Motors said it is reviewing the order by the CCI to initiate an investigation against its commercial vehicles business in India for alleged abuse of its dominant position

CCI approves acquisition of 100% shareholding of Ingram Micro by Imola

The Competition Commission of India (CCI) has approved proposed acquisition of 100 per cent shareholding and sole control of Ingram Micro Inc by Imola Acquisition Corporation

Tata to finally enter online grocery with CCI nod to BigBasket stake deal

With this, Tata Digital will buy 64.3% stake in Supermarket Grocery Supplies and also be sole control over Innovative Retail Concepts, which runs BigBasket's online retail biz

CCI gives approval to BigBasket's 64% stake sale to Tata Digital

CCI has approved the acquisition by Tata Digital of up to 64.3% of Supermarket Grocery Supplies (SGS) and its sole control over Innovative Retail Concepts (IRC), the company that runs BigBasket

Court verdict likely tomorrow on WhatsApp, Facebook pleas against CCI order

The Delhi High Court is likely to pronounce verdict on Thursday on pleas by social media platforms Facebook and WhatsApp challenging competition regulator CCI's order

Ordered probe of WhatsApp policy on competition aspect: CCI to HC

The new privacy policy of WhatsApp would lead to excessive data collection and "stalking" of consumers for targeted advertising to bring in more users: CCI

CCI orders detailed investigation into WhatsApp's new privacy policy

Fair trade regulator CCI on Wednesday directed its investigation arm to conduct a probe into WhatsApp's updated privacy policy

Amazon and Cloudtail, Appario related as preferred sellers: CCI lawyer

Big e-commerce firms selling their own private labelled brands and inventory at discounts, High Court told

DPIIT to meet trade unions, industry groups on FDI in e-commerce

Officials are likely to meet over a dozen e-commerce companies

CCI approves acquisition of Varian Medical Systems by Siemens Healthineers

The Competition Commission of India (CCI) on Wednesday said it has given nod to acquisition of 100 per cent shares and sole control of Varian Medical Systems by Siemens Healthineers. As per a combination notice filed with the regulator, the transaction relates to the acquisition of 100 per cent shares of common stock and sole control of Varian by Siemens Healthineers Holding I GmbH, which is a wholly-owned subsidiary of Siemens Healthineers AG. The proposed transaction will bring together Siemens Healthineers' imaging equipment and Varian's oncology treatment solutions, allowing for a more innovative, efficient and comprehensive oncology solutions provider, the notice said. It will benefit cancer patients with improved treatments with the goal of ultimately turning cancer into a manageable disease, which is the driving rationale for the proposed transaction, it added. "Commission approves acquisition of 100% shares & sole control of Varian Medical Systems by Siemens Healthineers,"

CCI approves Flipkart's 7.8% acquisition of Aditya Birla Fashion and Retail

On completion of this transaction, Aditya Birla Fashion would have successfully executed a capital raise of Rs 2,500 crore since April 1, 2020

CCI dismisses case of alleged cartelisation by 2 bidders in AIIMS tender

The Competition Commission of India (CCI) has dismissed a case of alleged cartelisation by Romsons Scientific & Surgical Industrial Pvt Ltd and BSN Medical Pvt Ltd and some of their officials. The regulator had directed the director general (DG) to carry out an investigation after the matter originated from a complaint alleging cartelisation by the firms in respect of a tender invited by AIIMS in 2016. The DG after taking into consideration the submissions of the parties, concluded that different parties, at different geographical locations with different cost of production and profit margins quoting identical rates, independently, would be too much of coincidence, which is difficult to believe. Accordingly, the DG concluded that the firms colluded and acted in contravention of provisions of the Competition Act. However, the CCI said that there is no evidence of any communications or meetings having taken place between the opposite parties (OPs) or any other arrangement indicating

After e-commerce, CCI looks at pharma sector to unlock competition

Will study the role of trade associations and e-pharmacies in supply chain and whether they're distorting competition

SC stays NCLAT order for competition watchdog's probe against Flipkart

The NCLAT had held the prima facie Flipkart had contravened Section 4 of the Competition Act, 2002 which is connected with the abuse of dominant position and predatory pricing.

CCI approves Google's 7.7% stake acquisition in Jio Platforms

Deals beyond a certain threshold require approval from the CCI, which keeps a tab on unfair business practices across sectors

India's antitrust agency to probe Google for payment app's practices

Section 4 of the Competition Act pertains to abuse of dominant market position

JK Tyre, other companies face antitrust scrutiny in bid-rigging case

NEW DELHI (Reuters) - India's antitrust regulator is investigating JK Tyre & Industries Ltd after a state government accused the company of bid rigging, and the probe has been expanded to other firms, according to sources and legal filings seen by Reuters.

CCI appeals in SC against HC's stay on probe against Amazon, Flipkart

The Confederation of All India Traders (CAIT) which represents 70 million traders termed the appeal in the Supreme Court against Amazon and Flipkart as 'logical'

Adani's acquisition of Mumbai Airport from GVK gets CCI green signal

The Competition Commission has approved Adani Group's proposed acquisition of controlling stake in Mumbai airport from GVK Airport Developers under the green channel route