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Coronavirus scare: NCLAT adjourns all hearings in March as precautionary steps

Coronavirus scare: NCLAT adjourns all hearings in March as precautionary steps

Mon, Mar 16, 2020

Taking precautionary measures amid coronavirus outbreak, the National Company Law Appellate Tribunal (NCLAT) has adjourned all its scheduled hearings in March

FHRAI complains against OYO & Make My Trip, CCI orders for probe

FHRAI complains against OYO & Make My Trip, CCI orders for probe

Tue, Oct 29, 2019

The Federation of Hotel & Restaurant Associations of India files a complaint against OYO & Make My Trip after which Competition Commission of India orders for the probe.

CCI probes allegations of anti-competitive conduct by Maruti Suzuki: Sources

CCI probes allegations of anti-competitive conduct by Maruti Suzuki: Sources

Tue, May 21, 2019

CCI is looking into allegations that Maruti forces its dealers to limit the discounts they offer, effectively stifling competition among them and harming consumers who could have benefited from lower prices if dealers operated freely, the people told Reuters.

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CCI raids offices of Glencore, Edelweiss group over probe into collusion on pulse prices

CCI raids offices of Glencore, Edelweiss group over probe into collusion on pulse prices

Sun, Mar 17, 2019

India's antitrust watchdog raided units of global commodities trader Glencore and two other firms in Mumbai on Saturday in an inquiry into alleged collusion on the price of pulses.

Swiggy, Zomato, Uber Eats and Foodpanda row: This is what has happened now

Swiggy, Zomato, Uber Eats and Foodpanda row: This is what has happened now

Tue, Feb 12, 2019

With hundreds of restaurant owners sending a petition to theCCI alleging wrongdoings by food delivery companies, Zomato on Monday said it was discussing the matter with the involved restaurant partners to achieve an amicable solution which would benefit all the parties in the ecosystem.

CCI fines Godrej & Boyce, officials Rs 1 cr for cartelisation

CCI fines Godrej & Boyce, officials Rs 1 cr for cartelisation

Tue, Jan 15, 2019

The Competition Commission Tuesday slapped a fine of over Rs 1 crore on Godrej & Boyce Manufacturing and its four officials for indulging in the cartelisation of dry cell batteries market.

Online sellers to appeal against CCI's Flipkart ruling

Online sellers to appeal against CCI's Flipkart ruling

Sat, Jan 12, 2019

All India Online Vendors Association ( AIOVA ), which represents more than 3,500 online sellers, had complained that Flipkart was using its dominant position to favour select sellers. The CCI had rejected this argument in November.

CCI rejects complaint against Indiabulls Housing Finance

CCI rejects complaint against Indiabulls Housing Finance

Wed, Jan 02, 2019

Section 3 and 4 pertain to an anti-competitive agreement and abuse of dominant market position, respectively.

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

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

Fri, Dec 21, 2018

The Competition Commission of India (CCI) Friday said it has approved the acquisition of 26 per cent stake by Hitachi Payment Services in SBI Payment Services.

Competition Commission rejects complaint against CIBIL

Competition Commission rejects complaint against CIBIL

Sat, Nov 24, 2018

Among others, it was alleged that CIBIL did not update his data resulting in lower credit score and that amounted to abuse of dominant position.

CCI probing alleged fixing of airfares, looking at algorithms used by airlines By Manoj Rammohan

CCI probing alleged fixing of airfares, looking at algorithms used by airlines By Manoj Rammohan

Thu, Nov 01, 2018

The Competition Commission is looking at algorithms used by airlines to determine fares, as part of a detailed probe into alleged fixing of air ticket prices, according to its chief Sudhir Mital.

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.

Competition Commission imposes Rs 10 cr penalty on Geep Industries (India), 3 others

Competition Commission imposes Rs 10 cr penalty on Geep Industries (India), 3 others

Fri, Aug 31, 2018

The Competition Commission today imposed a total penalty Rs 9.69 crore on Geep Industries (India) and three individuals, including a senior official of the firm, for cartelisation in sale of dry cell batteries.

Walmart-Flipkart deal: CCI says discounting practice 'already prevalent', no bar on it to probe

Walmart-Flipkart deal: CCI says discounting practice 'already prevalent', no bar on it to probe

Sun, Aug 12, 2018

Walmart-Flipkart deal: Having cleared global retail giant Walmart's USD 16 billion acquisition of home-grown Flipkart, fair trade watchdog CCI has opined that complaints about the deal violating FDI rules "may merit policy intervention" but do not fall under its ambit.

NCLAT dismisses cement manufacturers' plea against Rs 6,300 cr CCI penalty for cartelisation

NCLAT dismisses cement manufacturers' plea against Rs 6,300 cr CCI penalty for cartelisation

Thu, Jul 26, 2018

In August 2016, CCI had slapped approximately Rs 6,700 crore penalty on 11 cement firms including UltraTech, ACC, Ambuja, Ramco and JK Cement as well as the industry body Cement Manufacturers' Association (CMA) for indulging in cartelisation.

Walmart India, Flipkart top executives meet CCI; apprise of biz activities

Walmart India, Flipkart top executives meet CCI; apprise of biz activities

Wed, May 23, 2018

Top executives of Walmart India and Flipkart today met fair trade regulator CCI to explain their activities in the country, days after submitting an application seeking approval for their USD 16-billion mega merger deal.

CCI clears Bayer's deal for Monsanto

CCI clears Bayer's deal for Monsanto

Tue, May 22, 2018

Competition Commission of India (CCI) has approved the acquisition of U.S. seed major Monsanto Co by Bayer AG, in a decision that moves the $62.5 billion deal a step closer to the finish line. German conglomerate Bayer is preparing to close the takeover this quarter, giving it control of more than 25 percent of the world`s seed and pesticides market.

CCI approves JSW-led consortium bid to acquire Monnet Ispat

CCI approves JSW-led consortium bid to acquire Monnet Ispat

Sat, May 12, 2018

The committee of creditors (CoC) of Monnet Ispat and Energy, which is undergoing insolvency proceedings, had on April 12 approved the resolution plan submitted by the only bidder Sajjan Jindal's JSW Steel along with AION Capital

No cartelisation among banks in fixing savings bank rates, says CCI

No cartelisation among banks in fixing savings bank rates, says CCI

Tue, Apr 24, 2018

The fair trade watchdog Competition Commission of India (CCI) examined the parallel behaviour of banks in offering similar savings bank interest rates (SBIRs) and levying similar service charges on a suo motu basis. It also looked at the role, if any, played by the Indian Banks' Association (IBA) in determining these rates and charges

Flipkart-Amazon combine may face scrutiny for competition aspects

Flipkart-Amazon combine may face scrutiny for competition aspects

Sun, Apr 08, 2018

While there is no formal announcement from any quarter on the possible multi-billion dollar deal, reports indicate that discussions involving Flipkart and Amazon are going on. Engaged in intense competition, home-grown Flipkart and Amazon India are leading players in the Indian online retail market place . Deals beyond a certain threshold require the approval of Competition Commission of India (CCI) before they are consummated

CCI clears UltraTech's acquisition of Binani Cement

CCI clears UltraTech's acquisition of Binani Cement

Wed, Mar 28, 2018

The Competition Commission of India (CCI) in a tweet today said it has not found any "appreciable adverse effect on competition (AAEC) in respect of UltraTech Cement's proposed acquisition of 100 per cent shares of Binani Cement." Binani Industries Ltd (BIL) -- the promoter firm of BCL -- had approached UltraTech for arranging funds to pay off the lenders.

Honda Motorcycle faces crackdown in India, here is why

Honda Motorcycle faces crackdown in India, here is why

Thu, Mar 15, 2018

After finding prima-facie evidence of competition norm violations, the watchdog has decided to carry out a detailed probe against Honda Motorcycle and Scooter India (HMSI).

Competition Commission slaps Rs 52-cr penalty on BCCI

Wed, Nov 29, 2017

In its 44-page order, the Competition Commission of India (CCI) said the penalty of Rs 52.24 crore comes to nearly 4.48 per cent of the average of the BCCI's relevant turnover during the last three financial years.

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