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.
It is necessary to break the spell of socialist dogma on the imagination of those attracted by its Utopia as the only scientific way of progress, wrote MA Venkatarao in 1963.
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.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
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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