competition commission of india

India’s antitrust regulator is flexing its muscles. U.S. Big Tech—which is counting on making inroads in the world’s second largest internet market—should be concerned. Post your comment First article India’s antitrust regulator is flexing its muscles. U.S. Big Tech—which is counting on making inroads in the world’s second largest internet market—should be concerned.…

The Delhi High Court has held that WhatsApp's 2021 privacy policy places its users in a "take it or leave it" situation, virtually forcing them into an agreement by providing a "mirage" of choices and then sharing their sensitive data with its parent company, Facebook. The high court's verdict came while dismissing the appeals of WhatsApp and Facebook against an order rejecting their challenge to a probe ordered by the Competition Commission of India (CCI) into the instant messaging platform's updated privacy policy as of…

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According to a draft law, India proposes mandating antitrust scrutiny for mergers and acquisitions valued at more than 20 billion rupees ($250 million), a move lawyers said appeared aimed at global tech companies with substantial local business. The proposal is part of a larger overhaul of India's competition laws in a bill set to be introduced in parliament. Under current law, the Competition Commission of India (CCI) reviews mergers and acquisitions that surpass thresholds for asset size or turnover. But many high-value…

The government aims to tighten rules around the scrutiny of mergers and acquisitions under proposed legislation that could particularly affect global tech firms that do a lot of business in India. The proposal is part of an overhaul of the country's competition law in a bill that was introduced in parliament on Friday and could be passed as soon as next week.Under current law, the Competition Commission of India, or CCI, reviews mergers and acquisitions that surpass thresholds for assets or turnover.But many high-value…

Domino's Pizza India franchise will consider taking some of its business away from popular food delivery apps, Zomato and SoftBank-backed Swiggy, if their commissions rise further, according to a letter seen by Reuters.The disclosure was made by Jubilant FoodWorks, which runs the Domino's and Dunkin' Donuts chain in India, in a confidential filing with the Competition Commission of India (CCI) which is investigating alleged anti-competitive practices of Zomato and Swiggy.Jubilant is India's largest food services company,…

Top executives of eight domestic tech firms, including Paytm founder Vijay Shekhar Sharma and OYO founder Ritesh Agarwal, deposed before a parliamentary panel on Thursday and said they face unfair competition from big tech firms. During the meeting with top executives of eight technology firms, including Zomato, Swiggy, Flipkart, and MakeMyTrip, were also questioned about what steps they were taking to address the concerns of vendors on their platforms, sources said.The Parliamentary Standing Committee on Finance, chaired…

Alphabet's Google has hired a new public policy head in India, Archana Gulati, who previously worked at Prime Minister Narendra Modi's federal think-tank and the country's antitrust watchdog, a source with direct knowledge of the matter told Reuters.A number of Indian government officials have been hired by Big Tech companies which are battling tighter data and privacy regulation, as well as competition law scrutiny, under Modi's federal government.Gulati is a long-term Indian government employee, having worked until…