Three sellers on Flipkart have moved the Karnataka HC to set aside a report by CCI. The anti-trust watchdog began investigations in 2020 acting on a complaint by brick-and-mortar retailers.
CCI investigation found that Amazon and Flipkart violated competition laws by favouring select sellers, prioritizing listings & offering steep discounts that hurt other businesses.
The DSM-Firmenich merger was just one of the 20-odd deals worth $1.5 billion pending before the CCI last year. Some experts blame the commission for trying to be too 'industry friendly'.
New draft rules allow the Competition Commission of India to reduce the penalty it imposes on companies in cartels if they also come forward with information about others.
The French group forced some partners to buy glass from it exclusively or risk being excluded from supplies altogether, case documents seen by Reuters showed.
While there may be welfare motivations for subsidising bus travel or fertilisers, it hurts private players whose goods and services compete in the same market.
Kaur started her career as SDM in Punjab’s Rajpura. She is 2nd woman to serve in 'economic regulator' role after Madhabi Puri Buch, who was appointed chairperson of SEBI last year.
Kaur has held several positions in the govt over the last two decades, including as chairperson of India Tourism Development Corp between 2017 & 2019, Kaur's LinkedIn profile showed.
Food delivery and e-commerce are two sectors where the government has created an indirect mechanism to stop the duopoly system, without clipping the wings of the giants.
Google lost its Supreme Court appeal against an antitrust order last month. It came as good news for companies like MapmyIndia, which started the maps game in India.
Rather than viewing technology as an adversary to be tamed with regulations, governments must carefully craft frameworks that safeguard against unchecked growth.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Corps commanders signed an agreement on 21 October to pull back troops from eastern Ladakh’s two face-off points, following efforts on diplomatic front to ease tensions along LAC.
Congress is silently acknowledging it over-read verdict of last general election. You can see it in easy concession to SP. It will likely be more reasonable in Maharashtra & Jharkhand.
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