-Hindustan Times The CCI accused Google of reducing the ability and incentive of device manufacturers to develop and sell devices operating on alternative versions of Android by making pre-installation of Google's proprietary apps conditional. Search engine giant Google on Friday called the ₹1,337.76 crore fine imposed by Competition Commission of India a ‘major setback for Indian consumers and businesses’. The tech behemoth said it would review the decision to evaluate next steps,...
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Why Google's Been Fined $162 Million In India: 5 Reasons -Debanish Achom
-NDTV.com The Competition Commission of India, or CCI, said Google's operating system Android was configured to unlawfully crowd out rivals New Delhi: Google has been fined ₹ 1,338 crore by India's anti-trust watchdog for allegedly abusing its commanding position in the smartphone market. Google said the move was "a major setback for Indian consumers and businesses." It will evaluate next steps. Here's your 5-point cheatsheet to this big story: * The Competition Commission of...
More »CCI to set up digital market unit to assess big tech behaviour -Gireesh Chandra Prasad
-Livemint.com The sheer scale of transactions and transparency issues associated with digital markets add to the complexity. But our advantage is our Competition Act is quite flexible, CCI chairman said Competition Commission of India (CCI) will set up a digital market unit (DMU) to better understand and assess the conduct of e-commerce platforms and other digital economy firms so that any anti-competitive behaviour of new age businesses do not go undetected by...
More »Trade unions allege irregularities in CEL disinvestment -AM Jigeesh
-The Hindu Business Line Complain to CAG of undervaluation, bid rigging and cartelisation The sale of the public sector Central Electronics Ltd to Nandal Finance and Leasing Pvt Ltd is under the radar of the Comptroller and Auditor General following a complaint of bid rigging by the joint platform of trade unions, including the BMS. Though the CAG’s office is tight lipped about any action on the complaint, BusinessLine has learnt that it...
More »Will the new e-commerce rules really favour consumers? -Prashanth Perumal
-The Hindu The intent of the rules is unclear and there are several consumer protection rules already in place In June, the Union Ministry of Consumer Affairs, Food and Public Distribution came out with a list of proposed amendments to the Consumer Protection Act of 2019. These include appointment of a Chief Compliance Officer and a Resident Grievance Officer, provisions of fallback liability, registration of e-commerce entities and a ban on flash...
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