Last month, CCI had hit Google with two antitrust penalties ($113 mn & $162 mn) and said not to restrict app developers from using third-party billing or payment processing services.
Aggregators are accused of monopolising market and imposing their own price terms on partner restaurants. Complaint in CCI was filed by restaurant-owners' body.
In a letter to Nirmala Sitharaman and Piyush Goyal as well as Competition Commission of India, CAIT alleges Shopee came to India under complex structure to hoodwink govt.
CCI directed United Breweries and Carlsberg India to pay penalties of approximately Rs 750 crore and Rs 120 crore, besides passing a cease-and-desist order.
The tech giant, in its statement to Delhi HC, had alleged that a confidential investigation report on Android submitted by the DG's office to CCI was leaked to the media.
The bench noted that challenging the enquiry is like wanting a notice before the registration of an FIR and asked the e-commerce giants to submit themselves to the probe by the CCI.
The case relates to Facebook and WhatsApp's appeals against an order dismissing their pleas against the probe CCI ordered into the instant messaging app's new privacy policy.
The finance minister stressed that the CCI should pro-actively take things in order to be 'ahead of the curve' as well as make sure the market conditions are kept sacrosanct.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
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