CCI

The bench has sought written submission of parties by January 29

CAIT is also examining petitioning against Amazon-Samara’s acquisition of More

Ecommerce companies are looking for an extension of changes in FDI policy for ecommerce

PremjiInvest will make the investment through Pi Opportunities Fund-I

MedPlus launched online pharmacy store MedPlusMart.com in 2015

Earlier, Amazon had also hinted that it may acquire MedPlus

In September 2018, Amazon and Samara Capital agreed to acquire More from Aditya Birla Group

CCI sent a notice to Samara Capital questioning Amazon's role in More if the joint takeover bid is approved

CCI raised questions on how the deal will comply with the updated FDI norms

Nearly 500 restaurants alleged “misuse of dominant position" by Swiggy, Zomato, UberEATS and Foodpanda

A group of restaurateurs had earlier protested against deep discounts in December 2018

After ecommerce, associations are complaining about exploitative practices in the OTA and foodtech segments

Freecharge cofounder Kunal Shah announced his new venture Cred

Fintech Players Look For Aadhaar Alternatives

CCI Rules In Favour Of Ola, Uber And Flipkart

Online sellers group AIOVA had accused Flipkart of abusing its dominant position

Flipkart gives preferential treatment to its own brands, the sellers had alleged

CCI rejects the AIOVA proposal to thoroughly investigate the Indian ecommerce sector

CCI ruled that cab aggregation platforms cannot be equated with other online platforms such as Zomato

CCI clarified that Uber is a transport services company which not just acts as an intermediary but also acts as a service provider.

Earlier, it was alleged that Ola/Uber does not provide the car owners-drivers freedom to chose their pricing, which is a violation of Competition Act.

Ola founders along with MacRitchie will secure the stake via Lazarus Holdings

The move will strengthen Ola founders’ shareholding in the company further

Ola has also received the voting commitment from Temasek

In August 2018, CAIT filed a petition in the NCLAT asking for the reversal of the Walmart-Flipkart deal

On September 6, the NCLAT had asked Walmart to file an explanation for its business process in India

NCLAT had further asked CAIT to file its understanding over the Walmart's business model in India

The Samara Capital-Amazon consortium is set to buy More at an enterprise value of $581.4 Mn (INR 4,200 Cr)

CAIT secretary Praveen Khandelwal said once the contours of the deal are available, they will approach the Competition Commission of India

CAIT is also opposing Walmart’s recent acquisition of Flipkart and had even called for Bharat Bandh on September 28

5-day Big Billion Days sale will start from October 10

Small and medium vendors allege marketplaces giving preferential treatment to certain large seller

Flipkart expects this year’s BBD sale to rake in 80% higher GMV than last year

In the petition, CAIT has alleged that the proposed combination of Walmart-Flipkart would lead to a huge degree of vertical integration in the market

CAIT’s petition also mentioned that CCI has ignored the predatory activities of both Walmart and Flipkart carried out in the past