Karnataka HC deals blow to Amazon, Walmart”s Flipkart in antitrust case

Amazon The Competition Commission of India (CCI) announced a probe in January 2020 into Amazon and Flipkart following a complaint from a trader group that alleged they were promoting some “preferred sellers” and in turn hurting business for other, smaller sellers. Source link

Finance Minister urges CCI to take ‘market friendly’ tack

The CCI’s emphasis on creating a ‘trust-based system’ was important for economies like India, says Nirmala Sitharaman Finance and Corporate Affairs Minister Nirmala Sitharaman on Thursday urged the Competition Commission of India (CCI) to adopt a ‘free market’ approach and become a market-friendly regulator to help businesses recover from COVID-19’s adverse effects. “Referring to the … Read more

Facebook CEO Mark Zuckerberg asked to cancel plans to launch Instagram for kids

Instagram Instagram exploits youngsters’ fear of missing out as they constantly check their devices seeking approval and uploading pictures, CCFC said, adding that the platform’s continuous focus on appearance and self-presentation would be a challenge to adolescents’ privacy and wellbeing. Source link

Competition Commission dismisses complaint against ICICI Bank

NEW DELHI: The Competition Commission of India (CCI) has dismissed a complaint of abuse of dominant position made against ICICI Bank with respect to the home loan segment. It was alleged that there were one-sided clauses in loan agreement and that housing finance banks were indulging in cartelisation by way of having same clauses. The … Read more

Competition Comm dismisses complaint against Bar Council of India

The Competition Commission of India (CCI) has dismissed a complaint which alleged that the Bar Council of India (BCI) was abusing its dominant position with respect to legal education in the country. The complaint was regarding the BCI rules that impose maximum age restrictions for new entrants into the legal education. It was also alleged … Read more

Delhi HC declines to injunct Amazon from writing to authorities about SIAC award against Future Retail

The Delhi High Court on December 21 declined to grant Kishore Biyani-led Future Retail Ltd.’s (FRL) plea for an interim injunction restraining Amazon from writing to SEBI, CCI and other authorities about the arbitral order against its asset sale. Also read: Delhi HC seeks Amazon reply on Future Retail plea to restrain it from interfering … Read more

Ginners in Adilabad allege ‘discrimination’ by CCI

While the Cotton Corporation of India started procuring the cotton kapas, small and medium ginning and pressing enterprises in Adilabad town allege that they have been ‘discriminated’ and little processing orders were given to them, while the big ginning enterprises were preferred. This has put them in an unequal position and were rendered unused and … Read more

Google comes under CCI lens again; regulator orders probe into payments system, Google Pay – Times of India

NEW DELHI: The Competition Commission of India (CCI) on Monday ordered a detailed probe against internet giant Google for alleged unfair business practices with respect to Google Pay as well as Google Play‘s payment system. Google Pay is a popular digital payments platform while Google Play is the app store on its Android ecosystem. “… … Read more

CCI orders probe against Google for alleged unfair business ways with respect to Google Pay

The Competition Commission of India (CCI) has ordered an investigation into allegations of abuse of dominance against search giant Google for exclusivity of payment mode for purchase of apps and in-app purchases (IAPs) via the Play Store and pre-installation and prominence of Google Pay (GPay) on Android smartphones. Based on a complaint filed in February, … Read more

Singapore order won’t impact assessment of Future-RIL deal: CCI official

NEW DELHI: The interim judgement of a Singapore arbitration court barring the Future Group from going ahead with the deal with Reliance Retail will not have a bearing on the Competition Commission of India’s regulatory assessment, an official said. The competition watchdog’s limited concern is towards the two parties involved and the deal’s impact on … Read more