Competition Commission Of India
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Indian competition regulator fines Google Rs 936 crore for 'abusing dominant market position', 2nd penalty in a week
•On 20 October, the CCI imposed a penalty of Rs 1,337.76 crore on the company for abusing its dominant position in multiple markets in relation to Android mobile devices
Why India has ordered yet another probe against Google
Fp Explainers •The investigation comes after a new complaint from News Broadcasters & Digital Association alleging that its members were compelled to provide Google with news content in order to give their web links higher priority on its Search Engine Result Page
Air India plans to acquire 100% stake in AirAsia India, seeks approval from CCI
•AirAsia India is majority-owned by Tata Sons Private Ltd with a shareholding of 83.67 per cent and the remaining stake is with AirAsia Investment Ltd, which is part of Malaysia's AirAsia Group
Google moves Delhi High Court against antitrust body CCI following confidential report ‘leak’
•By approaching the Delhi HC, Google said it aims to prevent any “further unlawful disclosures” of confidential findings by the Competition Commission of India.
WhatsApp to Delhi HC: 'Will not compel users to opt for new privacy policy till data protection bill comes into force'
Tech2 News Staff •WhatsApp says it would not limit the functionality for users who are not opting for new privacy policy in the meantime.
US defended Amazon after news report claimed company bypassed Indian law, favoured certain sellers
•Emails obtained through the US Freedom of Information Act showed that American officials prepared a note for John Kerry, a top envoy of President Joe Biden, ahead of his meeting with India's Commerce Minister Piyush Goyal
CCI approves merger of NAM Estates, Embassy One with Indiabulls Real Estate; Embassy Group's stake rises to 45%
•The merged entity will have about 30 projects with Indiabulls Real Estate's shares valued at Rs 92.5 per share under the terms of the agreement
CCI approves e-commerce giant Flipkart's acquisition of 7.8 percent stake in Aditya Birla Fashion
Techsamvad •Flipkart and Aditya Birla Fashion had announced the agreement in October 2020 in which Aditya Birla Fashion would be issuing a 7.8 percent stake to Flipkart on a preferential basis.
Google faces antitrust case in India to unfairly promote its mobile payments app in country
•India’s antitrust body is looking into allegations that Alphabet Inc’s Google is abusing its market position to unfairly promote its mobile payments app in the country, five sources familiar with the case told Reuters
CCI dismisses unfair business practices complaint against SBI, Patanjali, International Traders
•Fair trade regulator CCI on Thursday dismissed a complaint alleging abuse of dominant position by SBI and collusion with Patanjali Ayurveda and International Traders in a bidding process