Corporate Law : Explore intersection of competition law and telecom regulation, focusing on abuse of dominance and jurisdictional conflicts betwee...
Corporate Law : Learn how the Competition Commission of India determines dominant positions of entities by considering various factors, as outline...
Corporate Law : Explore the intricate interplay between competition law and sustainability, unraveling conflicts, costs, and consumer welfare impl...
Corporate Law : Explore FAQs on the Lesser Penalty Regime by the Competition Commission of India. Learn about benefits, application process, and p...
Corporate Law : Explore the foundation and functioning of the Competition Commission of India (CCI) under the Competition Act, 2002. Understand it...
Corporate Law : Explore proposed amendments to the Competition Commission of India (General) Regulations, 2009, analyzing their impact and implica...
Corporate Law : Explore the proposed amendments to Regulations 35, 37, and 50 of the Competition Commission of India (General) Regulations 2009. L...
Corporate Law : Explore the Ministry of Corporate Affairs draft policy for pre-legislative consultation and a comprehensive review of rules and re...
Corporate Law : The Competition Commission of India (CCI) seeks feedback on the draft regulations for determining turnover or income. Share your c...
Corporate Law : Stay informed on the latest CCI (General) Regulation amendments for Interlocutory Applications. Learn about numbering, fees, and s...
Goods and Services Tax : Detailed analysis of Competition Commission of India's order regarding Cinema Ventures Pvt Ltd not passing GST rate reduction bene...
Goods and Services Tax : The average base price of tickets sold before and after the GST rate reduction was compared. The DGAP found that the company had n...
Corporate Law : Learn about CCI's decision that extended car delivery times do not merit antitrust scrutiny, analyzed in the Balbir Singh Nagpal V...
Goods and Services Tax : Explore the DGAP report on GST rate reduction impact on movie ticket prices, alleged profiteering by the respondent, detailed inve...
Corporate Law : It has been alleged that Google is granting exclusive access to Truecaller to share private contact information of the users with ...
Corporate Law : Explore the amendments to the Competition Commission of India (CCI) regulations in 2024, enhancing transparency and procedures. Un...
Corporate Law : Discover the Competition Commission of Indias in-depth study on AI's impact on competition, efficiency, and innovation. Get insigh...
Corporate Law : Competition Commission of India announces new regulations and penalty guidelines to streamline competition law enforcement. Read m...
Corporate Law : Delve into the Competition Commission of India's (CCI) regulations on determining turnover or income, exploring amendments, stakeh...
Corporate Law : Explore the Competition Commission of India (Settlement) Regulations, 2024. Learn about the settlement process, changes, and its i...
Shri Dhanendra Kumar said the Competition Commission of India (CCI), under its mandate to make markets function for the consumer and to ensure fair and healthy competition in the Indian Economy, is initiating series of market studies to analyse and monitor the competitive dynamics in the various industries of the Indian Economy. As part of this series, the sectors of Agriculture, steel and paper has been taken up by the commission in its initial phase.
The CCI under the draft regulations dated March 2, 2011 had first introduced the provision for pre-filing consultation. However, this found no mention in the recently issued final Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011, dated May 11, 2011. The CCI has now, in accordance with international best practices, re-introduced the facility of informal and verbal consultation with the staff of CCI prior to the filing of notice under the Act in connection with the proposed combination.
The Delhi High Court today asked Competition Commission to provide the NSE by friday its complete order including views of members dissenting with the majority ruling that held the bourse guilty of abusing market dominance.
The Competition Act, 2002 was enacted to regulate (a) anti-competitive agreements, (b) abuse of dominance, and (c) Combinations. The provisions relating to regulation of combinations (for instance mergers, acquisitions, amalgamations, takeovers etc.) had been in abeyance for some time. These have now been notified Vide Notification No. S.O. 479(E) dated 4 March, 2011 and shall come into effect from 1 June, 2011. On n May, 2011, the CCI has released The Competition Commission of India (Procedure in regard to the transaction of business relating to combination) Regulations, 2011 . Consequently, combinations covered by the prescribed monetary thresholds, based on assets or turnover of the parties (or groups) to the combination, shall now require filing and prior approval of the Competition Commission of India effective 1 June, 2011.
Competition watchdog CCI on Wesdnesday pronounced the National Stock Exchange (NSE) guilty of abusing its dominant market position by adopting unfair trade practices in connection with currency derivatives trading. However, the quantum of fine to be levied on NSE is yet to be ascertained. “The Commission has pronounced NSE guilty of violating section 4 of the Competition Act, 2002. But it will decide on the quantum of fine only after hearing NSE. We have given them a week’s time to respond to our show cause notice,” an official told PTI.
The Competition Commission of India (CCI) today ruled out any conflict with Sebi over the recently notified merger and acquisitions (M&A) norms, saying the new regime would not clash with the market regulator’s takeover code. In an interview to PTI Bhasha, CCI Chairman Dhanendra Kumar said listed companies can hold shareholder meetings and follow Sebi’s listing procedures, even while its mergers proposals are being scrutinised by the competition watchdog.
Industry body CII today said competition watchdog CCI’s approval should not be made mandatory for mergers and amalgamations between group companies. While acquisitions of control or shares or voting rights or assets within the same group have been exempted from the notification requirement, mergers or amalgamations have not been specified, which appears to be an oversight, CII said in a statement.
Competition Commission of India (CCI) has on 11 May 2011 issued the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011 (Combination Regulations) which deals with merger and acquisitions in India. The Combination Regulations shall come into force on 1 June 2011. Combination Regulations deals with procedural aspects related to notification of Combination under the Competition Act, 2002 (Competition Act), exemptions and pre-merger notification process.
The much debated Regulations governing combinations have been finally notified by the Government on 11 May 2011. These Regulations shall come into force on 1st day of June, 2011. This article summarizes key provisions of the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011 (Regulations) relating […]
Competition watchdog CCI has issued a show cause notice to the National Stock Exchange (NSE) asking why a penalty should not be imposed for its unfair trade practices in connection with currency derivatives trading . The commission has found NSE guilty of violating Section 4 of the Competition Act, which is abuse of dominant position, according to a source in the CCI.