CCI

Competition Commission of India (CCI) – January 2020 Updates

CA, CS, CMA - 1. PRESS RELEASE No. 50/2020-21 – 8.01.2021  CCI approves acquisition of 100% shareholding of the Columbia Asia Hospitals Private Limited by Manipal Health Enterprises Private Limited. Manipal Health Enterprises Private Limited (Acquirer/MHEPL) is a part of Manipal Educational and Medical Group, operating a network of hospitals, pr...

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Competition Commission of India (CCI) – December 2020 Updates

CA, CS, CMA - 1. PRESS RELEASE No. 49/2020-21 By way of the Competition Commission of India (Procedure in regard to the Transaction of Business relating to Combinations) Amendment Regulations, 2020, the Commission has deleted paragraph 5.7 of Form I, one of the formats prescribed for notification of proposed combinations. This was with a view to relax ...

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Legal Remedies available to a Home Buyer against the Builders

CA, CS, CMA - Buying Home is a pleasant event for every person and owning a beautiful Home might be the biggest dream of their life. A person invests his hard earned money to get a shelter for his family but at times all these dreams are shattered....

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Competition Appellate Tribunal (Term of the Selection Committee and the Manner of Selection of Panel of Names) Amendment Rules, 2014

CA, CS, CMA - MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 15th October, 2014 G.S.R. 728(E).—In exercise of the powers conferred by clause (mb) of sub-section (2) of section 63 read with sub-section (2) of Section 53E of the Competition Act, 2002 (12 of 2003), the Central Government hereby makes the following rules to amend the Competiti...

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CCI Imposes Penalty on Dr. L.H.Hiranandani Hospital, Mumbai

CA, CS, CMA - Competition Commission of India(CCI) has imposed a penalty of Rs.3.81 crore on Dr. L.H.Hiranandani Hospital, Mumbai for violation of Section 3 & 4 of the Competition Act. The informant Mr. Ramakant Kini had approached CCI alleging that the hospital had abused...

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CCI releases Market Study on Pharmaceuticals Sector in India

CA, CS, CMA - CCI releases key findings and observations on Market Study on Pharmaceuticals Sector in India The Competition Commission of India (CCI) has released here today a report titled ‘Market Study on the Pharmaceutical Sector in India: Key Findings and Observations’ (`the study’). The report may be accessed at: http://cci.gov.i...

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CCI issues cease and desist order against firms found guilty of bid rigging and cartelization in tender floated by Eastern Railway

CA, CS, CMA - CCI issues cease and desist order against firms found guilty of bid rigging and cartelization in tender floated by Eastern Railway The Competition Commission of India (CCI) issued a final order today against eight firms which were found to have contravened the provisions of Section 3(1) of the Competition Act, 2002 read with Section 3(3)(...

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CCI imposes penalties upon firms for bid rigging in tender floated by GAIL

CA, CS, CMA - The Competition Commission of India (‘CCI’) passed a final order against two firms, viz ; PMP Infratech Pvt. Ltd. and Rati Engineering, for indulging into concerted practices leading to bid rigging of tender floated by GAIL in 2017–18 for the  restoration of well site located in Ahmedabad and Anand areas of Gujarat....

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Dominance practices on E-Commerce by Big E-Tailers

CA, CS, CMA - Confederation of All India Traders urged Minister of Commerce and Industry Shri Piyush Goyal for simultaneous investigation of Banks & Brands by Competition Commission of India along with Flipkart & Amazon, for colluding with e-commerce players to distort the Indian retail market and promoting unhealthy trade. Confederation of All...

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CCI approves acquisition of Bikaji Foods International Limited

CA, CS, CMA - The Competition Commission of India (CCI) approves acquisition by Lighthouse India Fund III, Limited (Fund III) and Lighthouse India III Employee Trust (Lighthouse Employee Trust) (collectively referred to as Acquirers) of Bikaji Foods International Limited (Target) under Section 31(1) of the Competition Act, 2002, yesterday....

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CCI imposes penalty on paper manufacturers for indulging in cartelisation

In Re: Anti-competitive conduct in the paper manufacturing industry (Competition Commission of India) - In Re: Anti-competitive conduct in the paper manufacturing industry (Competition Commission of India) CCI imposes a penalty on paper manufacturers for indulging in cartelisation The Competition Commission of India (CCI) issued a final order yesterday against certain companies manufacturing paper f...

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CCI dismisses Plea Alleging Dominant Position abuse by Whatsapp & Facebook

Harshita Chawla Vs. WhatsApp Inc. & Facebook Inc. (Competition Commission of India) - Harshita Chawla Vs. WhatsApp Inc. & Facebook Inc. (Competition Commission of India) As regards the allegation of leveraging, the Commission does not agree with the Informant for reasons cited supra while dealing with the allegation under Section 4(2)(d) of the Act. The Informant has contended th...

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CCI closes complaint against West Bengal lotteries directorate, stockist

XYZ Vs Directorate of State Lotteries (Competition Commission of India) - XYZ Vs Directorate of State Lotteries (Competition Commission of India) Competition Commission has closed a complaint alleging unfair business practices by the Directorate of State Lotteries, West Bengal, and West Bengal Lottery Stockists Syndicate. Full Text of the order of Competition Commission o...

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CCI orders Anti-Trust Probe against Amazon/ Flipkart on 4 Issues

Delhi Vyapar Mahasangh Vs. Flipkart Internet Private Limited and its affiliated entities (Competition Commission of India) - On careful perusal of allegations levelled by the Informant and the documents provided, the Commission notes that there are four alleged practices on the marketplaces, namely, exclusive launch of mobile phones, preferred sellers on the marketplaces, deep discounting and preferential listing/promotio...

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Presumptive inference provided by Informant cannot be basis for forming a prima facie opinion

Ravi Pal Vs All India Sugar Trade Association (AISTA) (CCI) - Ravi Pal Vs All India Sugar Trade Association (AISTA) (CCI) After appreciation of the allegations of the Informant and documents submitted including the oral submissions made by the Informant, the Commission is of the view that no evidence has been provided by the Informant to show that there was an...

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Competition Commission of India (General) Amendment Regulations, 2021

Notification No. 3 of 2021 - (06/09/2021) - (1) These regulations may be called the Competition Commission of India (General) Amendment Regulations, 2021. (2) They shall come into force on the date of their publication in the Official Gazette....

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CCI imposes penalty on ‘Maruti’ for controlling discounts by dealers

(01/01/1970) - Re Maruti Suzuki India Limited (Competition Commission Of India) The Competition Commission of India (CCI)  imposed a ₹200 crore penalty on Maruti Suzuki India Ltd (MSIL), for allegedly stifling competition with its policy of controlling the discounts dealers could offer consumers. Commission con...

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CCI (Meeting for Transaction of Business) Amendment Regulations, 2021

F. No. R-40007/6/ Reg-Meeting/Noti/2021-CCI - (02/03/2021) - 1. (1) These regulations may be called the Competition Commission of India (Meeting for Transaction of Business) Amendment Regulations, 2021. (2) They shall come into force on the date of their publication in the Official Gazette....

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CCI approves acquisition of 9.99% stake in Reliance Jio by Jaadhu Holdings LLC

(Release ID: 1634070) - (24/06/2020) - The Competition Commission of India (CCI) approves acquisition of 9.99% stake in Jio Platforms by Jaadhu Holdings LLC. The proposed combination envisages acquisition of approximately 9.99% stake inJio Platforms Limited (Jio Platforms) by Jaadhu Holdings LLC (Jaadhu)....

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Exemption to Banking Compares from Section 5 & 6 of Competition Act, 2002

Notification No. S.O. ........... (E) - (11/03/2020) - In exercise of the powers conferred by clause (a) of section 54 of the Competition Act, 2002 (12 of 2003), the Central Government hereby exempts a Banking Company in respect of which the Central Government has issued a notification under Section 45 of the Banking Regulation Act, 1949 (10 of 49), fro...

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Recent Posts in "CCI"

CCI releases Market Study on Pharmaceuticals Sector in India

CCI releases key findings and observations on Market Study on Pharmaceuticals Sector in India The Competition Commission of India (CCI) has released here today a report titled ‘Market Study on the Pharmaceutical Sector in India: Key Findings and Observations’ (`the study’). The report may be accessed at: http://cci.gov.i...

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Posted Under: Corporate Law |

CCI imposes penalty on paper manufacturers for indulging in cartelisation

In Re: Anti-competitive conduct in the paper manufacturing industry (Competition Commission of India)

In Re: Anti-competitive conduct in the paper manufacturing industry (Competition Commission of India) CCI imposes a penalty on paper manufacturers for indulging in cartelisation The Competition Commission of India (CCI) issued a final order yesterday against certain companies manufacturing paper from agricultural waste and recycled wast...

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CCI issues cease and desist order against firms found guilty of bid rigging and cartelization in tender floated by Eastern Railway

CCI issues cease and desist order against firms found guilty of bid rigging and cartelization in tender floated by Eastern Railway The Competition Commission of India (CCI) issued a final order today against eight firms which were found to have contravened the provisions of Section 3(1) of the Competition Act, 2002 read with Section 3(3)(...

Read More
Posted Under: Corporate Law |

CCI imposes penalties upon firms for bid rigging in tender floated by GAIL

The Competition Commission of India (‘CCI’) passed a final order against two firms, viz ; PMP Infratech Pvt. Ltd. and Rati Engineering, for indulging into concerted practices leading to bid rigging of tender floated by GAIL in 2017–18 for the  restoration of well site located in Ahmedabad and Anand areas of Gujarat....

Read More
Posted Under: Corporate Law |

Competition Commission of India (General) Amendment Regulations, 2021

Notification No. 3 of 2021 06/09/2021

(1) These regulations may be called the Competition Commission of India (General) Amendment Regulations, 2021. (2) They shall come into force on the date of their publication in the Official Gazette....

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CCI imposes penalty on ‘Maruti’ for controlling discounts by dealers

Re Maruti Suzuki India Limited (Competition Commission Of India)

Re Maruti Suzuki India Limited (Competition Commission Of India) The Competition Commission of India (CCI)  imposed a ₹200 crore penalty on Maruti Suzuki India Ltd (MSIL), for allegedly stifling competition with its policy of controlling the discounts dealers could offer consumers. Commission concludes that MSIL not only entered into a...

Read More

Dominance practices on E-Commerce by Big E-Tailers

Confederation of All India Traders urged Minister of Commerce and Industry Shri Piyush Goyal for simultaneous investigation of Banks & Brands by Competition Commission of India along with Flipkart & Amazon, for colluding with e-commerce players to distort the Indian retail market and promoting unhealthy trade. Confederation of All...

Read More
Posted Under: Corporate Law |

CCI approves acquisition of Bikaji Foods International Limited

The Competition Commission of India (CCI) approves acquisition by Lighthouse India Fund III, Limited (Fund III) and Lighthouse India III Employee Trust (Lighthouse Employee Trust) (collectively referred to as Acquirers) of Bikaji Foods International Limited (Target) under Section 31(1) of the Competition Act, 2002, yesterday....

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Posted Under: Corporate Law |

CCI invites comment on review of extant Confidentiality Regime

Public comments invited to review of the extant Confidentiality Regime as provided in Regulation 35 of the Competition Commission of India (General) Regulations, 2009 extended by one month due to COVID-19 pandemic...

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Posted Under: Corporate Law |

CCI to review extant Confidentiality Regime

Review of the extant Confidentiality Regime as provided in Regulation 35 of the Competition Commission of India (General) Regulations, 2009 and inviting public comments on the proposed regime...

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Posted Under: Corporate Law |

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