cci

The Competition Commission of India (CCI) on Friday said it has granted its approval for the stake acquisition in climate technologies' business of Emerson Electric Co by BCP Emerald Aggregator LP. BCP Emerald Aggregator LP is an affiliate of US-based alternative asset manager Blackstone. The deal has been cleared under the green channel route. The proposed transaction relates to the acquisition by BCP Emerald Aggregator LP (Buyer) of a majority stake in the climate technologies business of Emerson Electric Co (Seller),…

Delhi High Court judge Prathiba M Singh on Wednesday recused herself from hearing a petition filed by Alliance of Digital India Foundation (ADIF) against the Competition Commission of India (CCI) and Google.A different bench of the court will hear the matter on Tuesday, April 18, subject to orders by the chief justice, Justice Singh said.ADIF, which represents Indian startups such as MapmyIndia, Paytm, Matrimony, and TrulyMadly, in its petition alleged that the antitrust regulator’s “inaction” on complaints filed against…

Google on Wednesday said it is reviewing the decision by the National Company Law Appellate Tribunal (NCLAT) in the Competition Commission of India (CCI) case and evaluating its legal options.The NCLAT has directed that Google will have to pay the fine of Rs 1,337.76 crore, imposed on it by the CCI in October last year for anti-competitive practices in relation to Android mobile devices."We are grateful for the opportunity given by the NCLAT to make our case. We are reviewing the order and evaluating our legal options," a…

The NCLAT on Wednesday upheld the orders of the fair trade regulator CCI imposing a penalty of Rs 1,337.76 crore on tech major Google in the Android mobile devices case, with some modifications. A two-member bench of the National Company Law Appellate Tribunal (NCLAT) has directed Google to implement the direction and deposit the amount in 30 days. "We upheld this penalty? The appellant (google) is allowed to deposit the penalty" after adjusting 10 percent of the amount already deposited as per…

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 the dominant market position of its Android operating system.The Competition Commission of India (CCI) said in October that Google had exploited its dominant position in Android and told it to remove restrictions imposed on device makers, including related to the pre-installation of apps. It also fined Google $161 million (roughly Rs. 1,325 crore).An Indian appeals tribunal on…

The National Company Law Appellate Tribunal (NCLAT) on Monday concluded its hearing over the petition filed by Google, in which the tech giant challenged the Competition Commission's order imposing a Rs 1,337.76 crore penalty for anti-competitive practices in relation to Android mobile devices. A two-member Bench of NCLAT was conducting the hearing on a day-to-day basis for over a month. "Heard learned counsel for the parties. Hearing is completed. Judgment Reserved," said the NCLAT bench comprising chairperson Justice…

Fair trade regulator CCI on Thursday alleged that Google has created a digital data hegemony and called for a market space with "free, fair and open competition".Concluding the arguments of the Competition Commission of India (CCI) before the appellate tribunal NCLAT in the Google matter, Additional Solicitor General N Venkataraman said a market with greater freedom for all players would be in total sync with principles of free competition rather than the 'walled garden' approach of the internet major.On October 20 last…

India’s antitrust regulator is considering economy-wide ramifications of consumer welfare such as access to innovation and choice for smaller businesses dependent on larger platforms, in addition to price, while taking a view on anticompetitive practices, said Payal Malik, adviser, economics division at the Competition Commission of India (CCI).Malik was speaking at the ICRIER Prosus Centre for Internet and Digital Economy’s annual conference here on Friday.“(The metrics that are considered include) innovation – whose…

The Alliance of Digital India Foundation (ADIF) on Thursday said Google is blatantly disobeying CCI orders and charging app developers an exorbitant 11-26 per cent commission even if they opt for an alternative billing system. ADIF, the policy think tank focusing on Indian digital startups, has urged the authorities, including the Competition Commission of India (CCI), to look into the matter and ensure that Google complies with the specific directives of the competition commission "in letter and in…

Google on Thursday…