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The Latest Breaking News from The Competition Commission of India

CCI clears Honda's proposal to acquire additional 21% stake in Astemo

Japan's Honda Motor Co. has received a green light from the Competition Commission of India (CCI) to acquire an additional 21% stake in automotive components maker Astemo from Hitachi. This move will transform Astemo into a consolidated subsidiary of Honda. The deal, announced last December, will see Honda's ownership increase…

The Economic Times

Competition watchdog flags treatment pricing issues at private hospitals in Delhi-NCR

The Competition Commission of India observed that patients in Delhi-NCR super-speciality hospitals often depend on in-house services, creating a "locked-in" effect. While diagnostic tests were found costlier than market averages, proceedings against Sir Ganga Ram Hospital were closed due to insufficient evidence of abusing a dominant position.

The Economic Times

CAG calls for use of data, tech to detect unfair practices in govt tenders

India should use data and technology to detect corruption and unfair practices in government tenders, with stronger coordination between the Comptroller and Auditor General of India and Competition Commission of India to identify collusion and protect public funds, Comptroller and Auditor General of India K. Sanjay Murthy said on Wednesday.

The Economic Times

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Unacademy’s test prep CEO Sumit Jain quits ahead of upGrad acquisition

Sumit Jain has stepped down from his role in Unacademy, ahead of a potential merger with upGrad Education. Jain, who joined Unacademy in 2020, will continue as an advisor. His departure follows the companies filing for merger approval with the Competition Commission of India.

The Economic Times

Apple seeks relief from amended Competition Act; Delhi High Court pauses CCI final order

The Delhi High Court has directed the Competition Commission of India to hold off on issuing a final order against Apple until July 15. This comes as Apple challenges a new law allowing penalties based on global turnover. The court wants to avoid making Apple's petition irrelevant before its own…

The Economic Times

Intel fined $3 million by India’s antitrust regulator over discriminatory CPU warranty policy — says Intel abused its dominant position in the boxed processor market.

Following a complaint filed in 2016, the Competition Commission of India concluded that Intel’s India-only warranty rules were discriminatory compared to policies in other countries.

Tom’s Hardware

CCI nod to Reliance-Disney merger

The Competition Commission of India has approved the Rs 70,350-crore Reliance-Disney merger.

Newslaundry

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Competition Commission of India flags cricket rights concerns with Disney-Reliance $8.5 billion merger

The Competition Commission of India (CCI) has made a preliminary determination that the proposed $8.5 billion merger between Reliance and Walt Disney's media assets in India could adversely affect competition, according to four sources who spoke to Reuters. The main concern revolves around the combined entity's control over cricket broadcasting…

The Times of India

The Competition Commission’s proposed regulations on merger thresholds | Explained

The Competition Commission of India has brought in new regulations pertaining to thresholds of mergers and acquisitions. We take a look.

The Hindu

Google Scores Partial Victory in Android Antitrust Case in India

An Indian tribunal on Wednesday gave partial relief to Alphabet Inc's Google by setting aside four of 10 antitrust directives in a case related to abuse of its dominant position in Android. The Competition Commission of India (CCI) said in October that Google had exploited its dominant position in Android…

Asharq Al-Awsat

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