- Google Files Appeal To NCLAT Against The CCI Order Months after CCI (Competition Commission of India) charged $21 Mn (INR 136 Cr) fine on Google for conducting unfair business practices in India for online search, the global search giant has now filed an appeal in the National Company Law Appellate Tribunal (NCLAT) against the order. The penalty is said to be 5% of the […]
- News Roundup: 12 Indian Startup News Stories That You Don’t Want To Miss This Week [05-10 Feb 2018] We bring to you the latest dope of Indian startup news stories of the week from the Indian startup ecosystem. One of the biggest news impacting Indian startup ecosystem especially digital payments startups was WhatsApp starting pilot for UPI payments. The new feature, which is available for select Indian WhatsApp beta users on iOS and […]
- CCI Imposes $21 Mn Penalty On Google For ‘Search Bias’ The Competition Commission of India a.k.a CCI has imposed a penalty of $21.13 Mn (INR 136 Cr) on Google for conducting unfair business practices in India for online search. The penalty is said to be 5% of the total revenue generated by the company from its operations in India via different segments. The initiative […]
- Alibaba Gets CCI Nod To Invest In Grocery Delivery startup Bigbasket Just over a month after seeking the approval of the Competition Commission of India (CCI), it seems that Jack Ma-led ecommerce behemoth Alibaba has received the regulator’s nod to invest in hyperlocal grocery delivery startup Bigbasket. According to CCI’s “Summary of the Combination”, Alibaba.com Singapore E-commerce, a subsidiary of Alibaba Group Holding, will be transferring […]
- Meru Cabs Files Complaints Against Ola And Uber; Will CCI Dismiss The Charges Once Again? Mumbai-based cab service provider Meru Cabs has reportedly filed complaints against competitors, Ola and Uber, alleging that the cab aggregators are misusing investor funds to artificially enhance their dominance in four major cities across India. This, as per the complaints, is distorting the market, thus affecting the growth of other companies in the space. According […]
- CCI Approves Merger Of Telecom Giants Idea And Vodafone The Competition Commission of India (CCI) has approved the merger of telecom companies Idea Cellular and Vodafone India. Kumar Mangalam Birla-led Idea Cellular confirmed the CCI approval to the merger under sub section (1) of section 31 of the Competition Act. In a statement, the company said, “The transaction is expected to close during the […]
- CCI Dismisses Predatory Pricing Allegations Against Cab Aggregator Ola The Competition Commission of India (CCI) has dismissed allegations of predatory pricing against cab aggregator Ola. In 2015, Bengaluru-based taxi operators Fast Track Call Cab Pvt. Ltd and Meru Travel Solutions Pvt. Ltd had approached the CCI. They had alleged that Ola had abused its ‘dominant position’ in the market. It was offering heavy discounts […]
- Flipkart And eBay India Deal Gets CCI Approval Homegrown ecommerce marketplace, Flipkart’s proposed acquisition of eBay India has received approval from the Competition Commission of India (CCI). CCI has given nod to eBay Singapore’s subscription of compulsorily convertible preference shares (CCPS) issued by Flipkart. The notice submitted to the CCI relates to, “the acquisition of certain compulsorily convertible preference shares of Flipkart, by […]
- AIOVA Raises Voice Once Again – Writes To CCI Against Predatory Pricing By Flipkart, Amazon The ecommerce battleground between Flipkart and Amazon to acquire top position is getting murkier by the day. According to a recent report by ET, a group of online sellers have reached out to the Competition Commission of India with complains against WS Retail (Flipkart) and Cloudtail (Amazon). The complaint alleges that both the ecommerce giants […]
- CCI Dismisses Meru’s Charges Against Uber The Competition Commission of India (CCI) on Tuesday, dismissed the charges filed by Meru Cabs against Uber. Meru had alleged that Uber was following predatory pricing to increase its market share. In its complaint to CCI, Meru had filed charges on Uber that it was charging very low rates for its services, the average market […]
- CCI: Google Abused Dominant Position To Have Rig Search Outcomes Indian ecommerce companies confirmed allegations against the US Internet giant, Google, for misusing its leadership position to push proprietary products and sponsored links on its search platform. In response to queries raised by Competition Commission of India (CCI), 30 companies including Flipkart, Facebook, Nokia’s maps division, MakeMyTrip.com has formally raised charges against Google. Besides, the […]
- Fast Track Ready To Withdraw CCI Complaint Against Ola, Demands Written Commitment To Stop Discounting & Driver Incentivisation In a move that could bring a sigh of relief for Cab hailing app Ola, Chennai-based radio cab company, Fast Track has said that it is ready to withdraw a complaint registered with the Competition Commission of India (CCI) against Ola, if it receives a commitment that it will stop discounting and hold down driver […]