Cci

The matter pertains to the three media companies—Asianet, Star India and Disney, that approached the Bombay High Court against a 28 February order of the CCI that ordered an investigation under section 26(1) of the Competition Act 2002 by the Director General.

The CCI cited regular e-mail communications between the parties and filing of bids from the same IP addresses by certain parties etc. as pieces of evidence.

The proposed combination envisages acquisition of 100% equity share capital of Air India Limited and Air India Express Limited, and 50% equity share capital of Air India SATS Airport Services Private Limited by Talace Private Limited

CCI said the deal envisages acquisition of 40% of the equity share capital of SWREL by Reliance New Energy Solar but the acquisition can go up to 51.07% of equity share capital of SWREL in the eventuality of full acceptance of the open offer

Zomato had recently invested $100 million for acquiring a minority stake in grocery delivery platform Grofers with the intention to add a grocery delivery section on its app

CCI chairperson Ashok Kumar Gupta said application of competition law to such disruptive technologies becomes challenging

The relaxation is given in view of the difficulties faced by parties representing companies in various cases.The new rule also covers legal forms such as partnerships and limited liability partnerships

Kishore Biyani’s debt-ridden Future Group had agreed to sell various assets of Future Retail to Reliance for ₹24,713 crore in AugustLast year, Amazon had invested ₹1,430 crore to acquire a 49% stake in Future Coupons, which holds 9.82% voting rights in Future Retail

Firms complain to antitrust watchdog about tech giant’s ‘arbitrary’ policies

This is the first time that Google has faced a case for dominance with AndroidTV in India