The Corporate Affairs Ministry (MCA) on Tuesday extended by a monththe timeline for sending public comments on the much talked about draft Digital Competition Bill and the report of the Committee on Digital Competition Law (CDCL). Also read:Is Indian digital market ready for ex-ante regulation? The last date for submitting the comments/suggestions is extended till … Read more
The Competition Commission of India (CCI) has approved the acquisition of Kesoram’s Cement Business by UltraTech Cement Limited. The deal is estimated to be valued at ₹7,600 crore, including the debt the company will take on from Kesoram. The proposed combination relates to the acquisition of the grey cement business of Kesoram Industries Ltd by … Read more
In a significant move, the Competition Commission of India (CCI) on Friday ordered an investigation into Google for excessive pricing on Play Store, noting that the tech giant’s Users Choice Billing (UCB) payments policy was “prima facie” violative of the Competition Act 2002. This CCI move may come as some music to the ears of … Read more
India’s antitrust body on Friday ordered a probe into Alphabet Inc’s Google in an ongoing dispute with local startups over its in-app billing system, saying the U.S. company implemented its policies in a “discriminatory manner”. Indian startups have been at odds with Google for months over the fee it charges for in-app payments. The dispute … Read more
India’s antitrust body on Friday ordered a probe into Alphabet Inc’s Google in an ongoing dispute with local startups over its in-app billing system, saying the U.S. company implemented its policies in a “discriminatory manner”. Indian startups have been at odds with Google for months over the fee it charges for in-app payments. The dispute … Read more
The Ministry of Corporate Affairs (MCA) is calling a performance review of working of the Competition Commission of India (CCI) amidst growing concern about inaction by the regulator in deciding the complaints filed by app developers against tech giant Google alleging anti-competitive conduct and non-compliance with CCI’s previous rulings. A meeting in this regard is … Read more