The Competitors Fee of India (CCI) has amended its current rules in order to revamp its “confidentiality ring” regime that gives entry to commercially delicate and confidential data to authorised individuals appointed by the events throughout proceedings earlier than the Competitors watchdog. The “Confidentiality Ring” idea was launched by the CCI in April 2022 to … Read more
Nationwide Firm Legislation Appellate Tribunal (NCLAT) will on Might 10 hear a clutch of Startups’ together with Kuku FM and Shaadi.com of their attraction in opposition to Competitors Fee of India’s latest order denying them interim reduction or safety in opposition to Google’s dangerous conduct within the large tech’s Person Selection Billing Coverage (UCB). The CCI … Read more
Because the cotton futures on ICE ease on muted world demand and prospects of a greater crop in international locations comparable to Australia, the multinational merchants within the Indian market have began off-loading their shares, commerce sources mentioned. The Could cotton futures contract on ICE, which touched a excessive of 103.80 cents on February 28 … Read more
The Company Affairs Ministry (MCA) on Tuesday prolonged by a monththe timeline for sending public feedback on the a lot talked about draft Digital Competitors Invoice and the report of the Committee on Digital Competitors Regulation (CDCL). Additionally learn:Is Indian digital market prepared for ex-ante regulation? The final date for submitting the feedback/recommendations is prolonged … Read more
The Competitors Fee of India (CCI) has authorized the acquisition of Kesoram’s Cement Enterprise by UltraTech Cement Restricted. The deal is estimated to be valued at ₹7,600 crore, together with the debt the corporate will tackle from Kesoram. The proposed mixture pertains to the acquisition of the gray cement enterprise of Kesoram Industries Ltd by … Read more
In a major transfer, the Competitors Fee of India (CCI) on Friday ordered an investigation into Google for extreme pricing on Play Retailer, noting that the tech large’s Customers Alternative Billing (UCB) funds coverage was “prima facie” violative of the Competitors Act 2002. This CCI transfer might come as some music to the ears of … Read more
Google is misusing its dominant place out there to take advantage of Indian startups, in addition to violating competitors watchdog CCI’s ruling and Digital Private Information Safety Act by charging unjustified exceedingly excessive expenses, Indian app corporations physique ADIF, stated on Monday. Additionally learn: Billing subject: Google delists apps of 10 Indian corporations from Play … Read more
Amidst the continuing authorized tussle between tech large Google and home Startups over Play Retailer Billing coverage, the Centre has notified a brand new provision within the not too long ago amended Competitors legislation that will result in the levy of penalty on a “world turnover” foundation for any anti-competitive conduct or abuse of dominant … Read more
The Competitors Fee of India (CCI) has just lately accomplished 14 years of its enforcement mandate. This journey of India’s competitors watchdog has remained eventful and tumultuous because it confronted vociferous constitutional challenges to its very composition to due course of points throughout this era. It, nonetheless, emerged and established itself as a mature and … Read more
Google has began sending notices to start-ups which are utilizing third-party billing programs. Talking on the India Digital Summit in Mumbai, Bharat Matrimony founder Murugavel Janakiraman mentioned that Google is violating the Competitors Fee of India’s order to Google to not prohibit app builders from utilizing third-party invoice programs. Janakiraman said that Google is violating … Read more