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News
Competition Commission
Competition Commission News
Competition Commission
18 Mar 2024
Centre Proposes Exempting Certain M&A Deals From CC Approval Nod
Draft rules to exempt certain categories of combinations from the Competition Commission of India (CCI) approval requirement have been issued by the corporate affairs ministry.
Google
28 Apr 2022
Parliamenetary panel to summon Google, Twitter, Amazon; here's why
A parliamentary panel has decided to summon Google, Twitter, Amazon The panel will examine their competitive behaviour The next meeting of the panel is likely to be held on May 12
Competition Commission
24 May 2019
CCI approves GSK, Pfizer consumer healthcare JV formation
GSK, in December 2018, had said it has reached an agreement with Pfizer to combine their consumer health businesses into a new joint venture (JV) with combined sales of around USD 12.7 billion (around Rs 88,900 crore).
Competition Commission
28 Nov 2018
Competition Commission approves LIC's majority stake buy in IDBI Bank
The deal would help the insurance behemoth to enter the banking space and would provide business synergies despite the IDBI Bank's stressed balance sheet.
Walmart-Flipkart deal
08 Aug 2018
Competition Commission clears $16 billion Walmart-Flipkart deal
In May, Walmart announced acquisition of 77 per cent stake of Flipkart in its biggest takeover till date.
Google
11 Apr 2018
Google appeals against CCI ruling on unfair biz practices in India
In February, Competition Commission of India (CCI) penalised Google for "infringing anti-trust conduct".
Competition Commission
08 Mar 2018
CCI penalises Jet Airways, InterGlobe Aviation, SpiceJet for unfair biz practi
The watchdog has imposed a fine of Rs 39.81 crore on Jet Airways while the penalties on InterGlobe Aviation and SpiceJet are Rs 9.45 crore and Rs 5.10 crore, respectively.
merger and acquisition deals
23 Nov 2017
Oil, gas PSU mergers exempt from CCI approval
Merger and acquisition deals involving public sector oil and gas companies have been exempted from seeking the Competition Commission approval, says a notification.
Competition Commission
23 May 2017
CCI approves Aceville's stake acquisition in Flipkart
The Competition Commission has given its nod to the Aceville's acquisition of stake in e- commerce major Flipkart.
Competition Commission
02 May 2017
Reliance Infratel gets shareholders' nod for tower unit's merger with Brookfield Infrastructure
The company has already received approval from Competition Commission of India for the proposed scheme of arrangement.
CCI
24 Mar 2017
CCI slaps Rs 591 crore penalty on Coal India
Competition Commission on Friday imposed a fine of Rs 591 crore on state-owned Coal India for having discriminatory conditions in fuel supply pacts.
Competition Commission
23 Mar 2017
CCI okays sale of Reliance Infratel tower unit to Brookfield
The Competition Commission of India has approved the proposed sale of the tower division of Reliance Communications' subsidiary, Reliance Infratel, to Canada-based Brookfield Infrastructure Group.
Competition Commission
02 Sep 2016
CCI rejects 'predatory pricing' allegations against Ola
Competition Commission has dismissed allegations that ANI Technologies, which runs taxi and auto services under Ola brand, abused its dominant position in the national capital with predatory pricing ways.
ArcelorMittal
22 Aug 2016
ArcelorMittal to pay $110 million fine for price fixing in South Africa
Steelmaker ArcelorMittal has agreed to pay a $110-million (88-million-euro) fine for illegal price fixing in South Africa, the country`s competition watchdog announced Monday.
Competition Commission
20 Feb 2016
CCI rejects Air India's complaint against IndiGo
Air India and IndiGo are among the key domestic airlines.
CCI
24 Nov 2015
CCI clears Aviva's additional 23% stake buy in Indian joint venture
Aviva Life Insurance Company India Ltd is a joint venture between Aviva and Dabur Invest Corp (DIC).
Airfares
18 Sep 2015
CCI probes alleged cartelisation in airfares
Noting that concerns over sudden rise in airfares are "understandable", Competition Commission on Friday said it is again probing alleged carterlisation in air ticket prices even though earlier probes did not find any evidence in this regard.
Competition Commission
27 Aug 2015
Future Group-Bharti Retail's Rs 750-crore deal gets CCI nod
Competition Commission has cleared the proposed Rs 750-crore multi-tier merger deal between Future Group and Bharti Retail.
CCI
20 Jul 2015
CCI not looking at Net neutrality as of now: Member
"We are not concerned about Net neutrality at this point of time as the sectoral regulator is yet to firm up its mind ... But we are keeping a watch on it and will act if it is found to be anti-competitive," Sahoo told reporters here.
Competition Commission
03 Jul 2015
Competition Commission dismisses complaint against 18 auto makers
CCI rejected allegations of unfair business practices made against 18 auto makers.
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