competition act

Background of the Competition Act

Corporate Law - In Easter days the leading companies plays a dominant position to carry out the business it leads to blocking of many competitors inside the Indian Market. In Order to monitor the restrictive trade practices in India Law has been passes as MRTP Act ( Monopoly Restrictive Trade Practise) to avoid the Monopoly trade practice in […]...

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Shifting of Registered Office from Jurisdiction of One ROC to another ROC but Within Same State

Corporate Law - Registered office of the company is the official address of the company where any communication relating to the company is sent. As it is for public records therefore different Government Departments and other organizations/entities/stakeholders uses the same record to communicate with the Company....

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Detailed Comparison of CARO 2020 with CARO 2016

Corporate Law - Section 143 (11) of the Companies Act, 2013 stipulates that the Central Government may order for the inclusion of statement on specified matter in the auditor’s report for specified class or description of companies. Accordingly, CARO 2016 was issued in pursuance of Section 143 (11) of Companies Act 2013 for inclusion of the matters spe...

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How Brand Name Helping Startups to stand-out in a Competitive Market

Corporate Law - It was often felt that in order to make the business bigger you need to invest a huge amount of capital into it. But in today’s era, businesses require something really astonishing and it suggests that businesses today become bigger not because of money but because of ideas and a marketing technique. Hence today while […]...

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Why Merger of Vodafone & Idea is not Anti-Competitive

Corporate Law - Merger of large companies in same industry is Anti-Competitive but merger of Vodafone & Idea is not (though merged entity will have highest market share in Wireless Telecom Market). Here’s why? Introduction: Reliance Jio, A company which brought digital revolution in India and has changed the composition of telecom industry which wa...

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CCI invites comment on review of extant Confidentiality Regime

Corporate Law - 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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CCI order against 3 suppliers for rigging bids in tender of Pune Zilla Parishad

Corporate Law - The Competition Commission of India (CCI) has found an agreement between three suppliers, to rig the bids in respect of a tender floated by Pune Zilla Parishad for procurement of Picofall-cum-Sewing Machine, in contravention of the provisions of Section 3(1) read with Section 3(3)(d) of the Competition Act, 2002, which prohibits anti-comp...

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CCI Issues SOP for Virtual Hearings

Corporate Law - COMPETITION COMMISSION OF INDIA Dated: 06.10.2020 Standard Operating Procedure (SOP) for Virtual Hearings Authorized Representatives (Advocates/ Chartered Accountants/ Company Secretaries/ Cost Accountants) / Parties/ Parties-in-Person shall follow the following protocol for hearings through virtual mode: 1. For conducting hearings throug...

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MCA invite Comments on Competition (Amendment) Bill, 2020

Corporate Law - Public comments are therefore hereby solicited on the draft Competition (Amendment) Bill, 2020. Copy of the CLRC Report, Competition Act, 2002 as well as Draft Competition (Amendment) Bill may be accessed at the web link mentioned below and comments, if any, may be submitted online therein by end of business hours on 06th March, 2020 posi...

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CCI approves acquisition of shareholding in GMR Airports

Corporate Law - CCI approves the acquisition of shareholding in GMR Airports Limited (GAL) by TRIL Urban Transport Private Limited (TUTPL), Valkyrie Investment Pte. Ltd. (Valkyrie) and Solis Capital (Singapore) Pte. Limited (Solis) under Section 31(1) of the Competition Act, 2002...

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CCI allowed investigation against Flipkart, Amazon for alleged Anti-Competitive agreements

Amazon Seller Services Private Limited Vs Competition Commission of India (Karnataka High Court) - Competition Commission of India had allowed to investigate against Flipkart and Amazon for alleged involvement in Anti-competitive Agreements. An order directing investigation be supported by 'some reasoning' (CCI Vs. SAIL para 97), which the Commission had fulfilled. Therefore, it would be unwise t...

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SC dismisses application alleging cartelization & anti-competitive practices by Uber & Ola

Samir Agarwal Vs Competition Commission of India & Ors (Supreme Court of India) - SC held that Ola and Uber did not facilitate cartelization or anti-competitive practices between drivers as the drivers were independent individuals who acted independently of each other, therefore, section 3 of the CCI Act would not apply. ...

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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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Motor Vehicle Compensation can also be Granted to Children & Parents

The New India Assurance Company Limited Vs. Smt. Somwati And Others (Supreme Court) - Supreme Court in a recent ruling has observed that in the Motor Accident Compensation Claims, that the children and family would also be authorized for compensation under 'Loss of consortium' in claims of Motor Accident under the Act....

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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 (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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Competition Commission of India (General) Amendment Regulations, 2020

No. L-3(2)/Regln-Gen.(Amdt.)/2020/CCI - (06/02/2020) - 1. (1) These regulations may be called the Competition Commission of India (General) Amendment Regulations, 2020. (2) They shall come into force on the date of their publication in the Official Gazette....

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Competition Commission of India (General) Amendment Regulations, 2019

Notification No. L-3(2)/Regln-Gen. (Amdt.)/2019/CCI - (20/11/2019) - (1) These regulations may be called the Competition Commission of India (General) Amendment Regulations, 2019. (2) They shall come into force on the date of their publication in the Official Gazette....

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Govt. increases fees for combinations under Competition Act, 2002

F. No. CCI/CD/Amend/Comb. Regl./2019(2) - (30/10/2019) - (1) These regulations may be called the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Second Amendment Regulations, 2019. (2) They shall come into force on the date of their publication in the Official Gazette....

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Banking companies exempted-from section 5 & 6 of Competition Act, 2002

Notification No. S.O. 2828(E) - (30/08/2017) - S.O. 2828(E).—In exercise of the powers conferred by clause (a) of Section 54 of the Competition Act, 2002 (12 of 2003), the Central Government in the public interest hereby exempts, all cases of reconstitution, transfer of the whole or any part thereof and amalgamation of nationalized banks, unde...

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Recent Posts in "competition act"

CCI allowed investigation against Flipkart, Amazon for alleged Anti-Competitive agreements

Amazon Seller Services Private Limited Vs Competition Commission of India (Karnataka High Court)

Competition Commission of India had allowed to investigate against Flipkart and Amazon for alleged involvement in Anti-competitive Agreements. An order directing investigation be supported by 'some reasoning' (CCI Vs. SAIL para 97), which the Commission had fulfilled. Therefore, it would be unwise to prejudge the issues raised by Amazon a...

Read More

Background of the Competition Act

In Easter days the leading companies plays a dominant position to carry out the business it leads to blocking of many competitors inside the Indian Market. In Order to monitor the restrictive trade practices in India Law has been passes as MRTP Act ( Monopoly Restrictive Trade Practise) to avoid the Monopoly trade practice in […]...

Read More
Posted Under: Corporate Law |

Shifting of Registered Office from Jurisdiction of One ROC to another ROC but Within Same State

Registered office of the company is the official address of the company where any communication relating to the company is sent. As it is for public records therefore different Government Departments and other organizations/entities/stakeholders uses the same record to communicate with the Company....

Read More
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...

Read More
Posted Under: Corporate Law |

CCI order against 3 suppliers for rigging bids in tender of Pune Zilla Parishad

The Competition Commission of India (CCI) has found an agreement between three suppliers, to rig the bids in respect of a tender floated by Pune Zilla Parishad for procurement of Picofall-cum-Sewing Machine, in contravention of the provisions of Section 3(1) read with Section 3(3)(d) of the Competition Act, 2002, which prohibits anti-comp...

Read More
Posted Under: Corporate Law |

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....

Read More

Detailed Comparison of CARO 2020 with CARO 2016

Section 143 (11) of the Companies Act, 2013 stipulates that the Central Government may order for the inclusion of statement on specified matter in the auditor’s report for specified class or description of companies. Accordingly, CARO 2016 was issued in pursuance of Section 143 (11) of Companies Act 2013 for inclusion of the matters spe...

Read More
Posted Under: Corporate Law |

SC dismisses application alleging cartelization & anti-competitive practices by Uber & Ola

Samir Agarwal Vs Competition Commission of India & Ors (Supreme Court of India)

SC held that Ola and Uber did not facilitate cartelization or anti-competitive practices between drivers as the drivers were independent individuals who acted independently of each other, therefore, section 3 of the CCI Act would not apply. ...

Read More

CCI Issues SOP for Virtual Hearings

COMPETITION COMMISSION OF INDIA Dated: 06.10.2020 Standard Operating Procedure (SOP) for Virtual Hearings Authorized Representatives (Advocates/ Chartered Accountants/ Company Secretaries/ Cost Accountants) / Parties/ Parties-in-Person shall follow the following protocol for hearings through virtual mode: 1. For conducting hearings throug...

Read More
Posted Under: Corporate Law |

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 that WhatsApp will leverage its dominance ...

Read More

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