Page 9 - Cci

Competition Commission must study foreign firms' conduct, says Sitharaman

The CCI is already studying the new economy segment to understand how some companies abuse dominant positions

LIVE: Govt gives FPI relief, makes loans cheaper, revs up auto sector

FM Nirmala Sitharaman is expected to announce steps to revive India's economic growth. Catch all LIVE updates here

Crisis-hit Jaiprakash Associates to appeal against CCI penalty order

The company is in the process of filing an appeal against the order

CCI's Green channel for M&A deals: Implementation will be a tough climb

The 'Green Channel' would allow automatic approval for certain M&A agreements based on specified criteria and pre-filing consultation, the CCI had said in the notification

CCI imposes Rs 17 cr fine on JTEKT Corp, its Indian arm, for cartelisation

The case was taken up by the watchdog after NSK approached it under lesser penalty regulations

Jaiprakash Associates fined Rs 14 cr for 'undesirable industry practices'

Under the Competition Act, complaints filed under a certain section cannot be withdrawn

CCI slaps Rs 2.7-crore penalty on three companies for rigging bid

Pentacle Consultants Pvt Ltd was fined Rs 1.33 crore, SAAR IT Resources Pvt Ltd Rs 1.26 crore and CADD Systems and Services Pvt Ltd Rs 0.11 crore, as per CCI orders

Govt wants competition watchdog to review 'Big Four' auditing firms: Report

CCI will be asked to study if the accountancy firms are misusing their dominant positions

CCI scanner on big data sector to prevent anti-competitive activity

The CCI chairman said the surveys would try to understand how cartels were formed and how anti-competitive actions could be checked

CCI clears Hitachi Payment's 26% stake buy in SBI Payment Services

SBI will have a majority stake in the proposed JV

Role clarity for CCI from Supreme Court

Licensing regulators may have primacy on specific areas occupied by regulation

CCI seeks public comments on proposed Schneider Electric-L&T deal

Fair trade regulator CCI has sought public views on Schneider Electric's proposed acquisition of certain businesses of Larsen & Toubro after prima-facie finding that the deal could adversely impact competition. In a public notice Tuesday, the Competition Commission of India (CCI) said stakeholders have to submit their comments within 15 working days along with supporting documents on how the merger can adversely impact any person or entity. Under the Competition Act, the watchdog can seek public comments on mergers and acquisitions wherein it has a prima-facie opinion that such a deal could adversely impact competition in the relevant market. Unsubstantiated objections are not likely to be considered, the notice said. In May this year, Larsen & Toubro had inked a definitive pact with Schneider Electric to sell its electrical and automation business for an all-cash consideration of Rs 14,000 crore, as part of its long-term strategy to exit non-core activities. The CCI has ...

Not a policy maker

Don't strain the competition regulator, bolster it

CCI to get a voice in policy formulation, use AI to analyse data

Competition commission to become a think tank for state governments

What constitutes a market? Back to basics for CCI as its orders go awry

This year, the CCI has passed a string of orders ranging from suspected cartels formed by aviation companies to corner fuel to anti-competitive behaviour by a chess federation

CCI amends rules on withdrawal, refiling of notices for clearance

To provide faster disposal of merger and acquisition cases, the Competition Commission Wednesday amended the combination regulations with regard to withdrawal and refiling of notices seeking approvals. The combination rule pertains to mergers and acquisitions. In July this year, the fair trade regulator had invited comments for the amendments in the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations. The Competition Commission of India (CCI) "amends the Combination Regulations vide notification dated October, 9 2018 to provide certainty & transparency and to expedite faster disposal of combination cases", the watchdog tweeted. According to the notification, the CCI may on the request of parties would allow withdrawal and refiling of a combination notice. Besides, in case the notice is withdrawn, the fee already paid would be deducted from the amount payable in respect of the new notice given by the parties to .

CCI may soon lose adjudicating powers, authority to pass orders & penalise

The government plans to let the commission have part-time members in order to ease its workload

CCI rules out cartelisation among banks in fixing savings interest rates

The fair trade watchdog examined the parallel behaviour of banks in offering similar savings bank interest rates and levying similar service charges on a suo motu basis

'Rightsizing' Competition Commission of India: Costs may outweigh benefits

The impact though will be on the contentious issue of breaking potential monopoly or abuse of market dominance

CCI to have 1 chairperson, 3 members after Cabinet approves rightsizing

This would lead to "faster turnaround in hearings" that is expected to result in speedier approvals