Competition

There is intense rivalry between the two US tech giants in the fast-growing, multi-billion-dollar cloud computing business, where Google trails market leader Amazon and Microsoft

Changes include working of penalty on global turnover of companies; bill has introduced a deal value threshold to enable CCI to review transactions depending upon their value

"The whole idea behind the law is to protect the startups and small businesses from abuse of dominance of the big tech"

Under this "streamlining" plan, Air India is likely to completely exit from five routes and AirAsia India might stop operating services on four other routes, sources said

The Commission in 2018 had found DLF in contravention of the Competition Act for abusing its dominant position and discriminatory practices

The committee, which is headed by BJP MP Jayant Sinha, has further recommended that an SIDI must not favour its own offers over the offers of its competitors when mediating access to supply and sales

FICCI in its response to the standing committee had said that the introduction of material influence as proposed would still keep its definition vague and open to interpretation

We need to be sensitive to market demand while approving proposed acquisitions.

Microsoft's plan to buy video game company Activision Blizzard faced a potential setback on Thursday after British regulators said their antitrust inquiry needed to take a closer look at the blockbuster deal after identifying competition concerns. The Competition and Markets Authority said it was worried the USD 69 billion deal would hurt rivals by restricting their access to Activision Blizzard games. It also worried that the combined company would stifle competition in the emerging cloud gaming market. The authority gave both companies five days to come up with proposals to address its concerns, otherwise it would escalate its investigation with more scrutiny. The watchdog had opened an initial inquiry in July to assess whether the deal would result in a substantial lessening of competition in the United Kingdom. The all-cash deal is set to be the largest in the history of the tech industry. It would give Microsoft, maker of the Xbox console and gaming system, control of popular

A key parliamentary panel will meet representatives of various tech platforms, e-commerce players and gaming entities to discuss about their market behaviour amid rising anti-competition concerns

Britain's competition watchdog is investigating whether Amazon is harming competition and hurting consumers by giving an unfair advantage to merchants that pay for extra services. The Competition and Markets Authority's formal investigation said Wednesday that it will look into concerns that the ecommerce giant is abusing its dominance to undermine rivals, echoing similar investigations carried out by the European Union's executive Commission and Germany's antitrust agency. Amazon said it will work closely with the CMA during the investigation. We believe we've always worked hard to help small businesses selling on Amazon to succeed, which is in both their and our best interests," the company said. We remain proud of the continued support we provide to businesses of all sizes across the U.K." While Amazon supplies some of the products that it sells online, many others are from third-party merchants and retailers, and provides them with essential services to make sales. The Market

The panel, headed by former minister of state for finance Jayant Sinha, will also hear the views of the Confederation of All India Traders (CAIT) on the subject

Australia's competition watchdog filed a lawsuit against Meta on Friday, alleging the social media giant failed to prevent scammers using its platform to promote fake ads featuring well-known people

The Competition and Markets Authority (CMA) said it had found that last year's acquisition of Giphy would reduce competition between social media platforms and in display advertising

The e-commerce foreign direct investment policy doesn't sit well with the concept of competition

Rubik's Cube has become one of the most enduring, beguiling, maddening and absorbing puzzles ever created

Union Public Service Commission has released the UPSC civil services main examination time table on upsc.gov.in. Students can also check the schedule here

Watchdog FAS said it was investigating why a new version of Kaspersky Lab's Safe Kids application had been declined by Apple's operating system

Subramanian said policies should be such that it promote moderate level of competition for promoting innovation.

CCI) Chairperson Sudhir Mital said the regulator was working on a 'digital screen-based cartel detection system'