Cci

CCI Clears General Atlantic's Additional Stake Buy In Acko Tech

08/06/2023

The proposed combination envisages the acquisition of an additional 4.04 per cent shareholding of Acko Technology and Services Private Limited (Acko Tech) by General Atlantic Singapore ACK Pte. Ltd, according to an official release

Competition Commission Clears Deal Involving Lenskart

07/06/2023

Separately, the regulator has cleared the acquisition of securities of a newly incorporated entity of Mahindra & Mahindra Ltd by the World Bank Group arm IFC

PhonePe To Launch Its App Store In India

25/04/2023

This move is expected to provide competition to Google, which currently dominates the Indian app store market with over 97 per cent market share

Google's 'Lagaan' Is A Death Knell For Indian Start-Up Ecosystem, Says ADIF

05/04/2023

Through a recent blog, Google announced that it is implementing User Choice Billing (UCB) System from April, 26 2023, wherein Google will take 11-26 per cent of revenue earned by Indian Start-ups

Preinstallation Of GMS Suite Amounts To Unfair Condition On Mobile Makers: NCLAT In Google Android case

30/03/2023

OEMs also have to sign Anti Fragmentation Agreement (AFA) which required OEMs to observe baseline compatibility standards. Google also signed Revenue Sharing Agreement (RSA) with OEMs

NCLAT Upholds Rs 1,337.76 Crore Fine Imposed On Google By Competition

29/03/2023

The NCLAT bench comprising Chairperson Justice Ashok Bhushan and Member Alok Shrivastava also done some modifications to the CCI order

Competition Commission Approves ADIA's Stake Buy In Lenskart Under Green Channel Route

24/03/2023

Last week, Lenskart announced that it has signed definitive documents for a $500 million investment from a wholly-owned subsidiary of ADIA

NCLAT Concludes Hearing, Reserves Judgement Over Google's Plea Against CCI

21/03/2023

This ruling was challenged before the National Company Law Appellate Tribunal (NCLAT), which is an appellate authority over the orders passed by the CCI

Google Argues Promoting Own Apps 'Not Anti-Competitive' In Antitrust Hearing

01/03/2023

The tech giant also raised questions over why the Competition Commission of India found pre-installation of Google apps anti-competitive when it previously noted users wanted them

OYO Asks Government To Probe Functioning Of Hotel and Restaurant Association's 'Illegally Run' Committee

09/03/2023

The representation by OYO alleges that FHRAI's actions are detrimental to small hotel owners