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‘Major setback': Google on Competition Commission of India's ₹1,337 crore fine order -Aryan Prakash

-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...

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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...

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Concentration of power in India Inc: Regulator reviews seven key sectors -Pranav Mukul and Anil Sasi

-The Indian Express Simultaneously, it has started a review of all model concession agreements — the legal contract that forms the basis of the public-private partnership — across four key infrastructure sectors: airports, ports, electricity and railways. AMID the unprecedented concentration of power in at least seven core sectors in corporate India, from pharma and telecom to airports and ports, the Competition Commission of India has launched a set of detailed investigations...

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Is India heading towards Reliance's monopoly in retail space? Find out CCI Chairman's views -Dipak Mondal

-BusinessToday.in While fate of RIL's Future Retail acquisition remains uncertain after Amazon got an interim arbitration order against that transaction, consolidation in retail space has raised murmurs of growing monopoly of the company in retail and some other sectors Urban Ladder is the latest company in the retail space to be acquired by Reliance Retail. This comes close on the heels of its big ticket acquisition of Future Retail. While the fate...

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