CCI is struggling with tech complexity, cross-jurisdictional matters & lack of resources, 'influencing' its ability to regulate markets in digital era, panel said in a report Monday.
The appellate tribunal is hearing a plea by Meta that seeks to quash Competition Commission of India's November directive disallowing WhatsApp from sharing data with other Meta platforms.
The Competition Commission of India has imposed a five-year restriction on data sharing between WhatsApp and other Meta apps, following an investigation into WhatsApp's privacy policy.
The decision follows a 2021 probe into WhatsApp's privacy policy, highlighting growing regulatory scrutiny on tech giants as India plans stricter digital competition laws.
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.
The test raises a question. Why have Russian nuclear strategists now invested in the Burevestnik, when the US abandoned nuclear ramjet propulsion in 1964?
Tajikistan did not want to extend the lease because of apparent pressure from Russia & China over non-regional military personnel at the air base, it is learnt.
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.
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