Page 4 - Competition Commission Of India

Best of BS Opinion: Protecting competition, the overvalued rupee, and more

Here is the best of Business Standard's opinion pieces for today

Protecting competition

The Competition Commission of India's action will open up the Android space

Centre plans to provide legal power to CCI ahead of merger with NAA

The proposed amendments will require the GST Council's approval

Indian developers benefit from Android, Play: Google on CCI penalty

Tech giant was yesterday ordered to pay Rs 937 cr as penalty for abusing dominant position of its app store

Zee, Sony agree to sell three Hindi channels to address CCI concerns

Big Magic, Zee Action and Zee Classic are all part of Zee network; the merging firms have a combined viewership share of 36% in Hindi general entertainment, and 33% in Hindi movies

Apps and payments: What is the controversy about Google Play Billing System

Tech giant defends itself as Competition Commission fines it Rs 936.44 crore for unfair business practices

Zee-Sony merger: Media groups agree to sell three Hindi channels

On October 4, CCI said it has cleared the proposed Zee-Sony merger deal, which was announced in September last year

Govt appoints Sangeeta Verma as acting chairperson of CCI for 3 months

The government on Tuesday appointed Sangeeta Verma as the acting chairperson of the Competition Commission of India (CCI). The appointment follows full-time Chairperson Ashok Kumar Gupta demitting office on Tuesday. Verma is currently a member at the regulator. Her appointment will be effective from Wednesday for a "period of three months or till appointment of regular Chairperson or till any further orders, whichever is the earliest," according to an official order. Gupta had taken over as the CCI chairperson in November 2018.

Remain committed to users, developers; evaluating next steps: Google India

Slapped with a second hefty fine for anti-competitive practices, Google India on Wednesday said it remains committed to users and developers and is reviewing the antitrust body's order to evaluate next steps. The Competition Commission of India (CCI) on Tuesday slapped a Rs 936 crore fine on Google for "abusing" its dominant position on its Android mobile app store and ordered it not to prevent app developers from using third-party billing or payment processing services in India. That penalty came just days after a Rs 1,337.76 crore fine was imposed on it for abusing the dominant position of its Android smartphone operating system. Commenting on Tuesday's CCI order, a Google India spokesperson said Indian app developers have benefited from the technology, security, consumer protection, choice and flexibility that Android and Google Play provide. "And, by keeping costs low, our model has powered India's digital transformation and expanded access for hundreds of millions of Indians,"

Reviewing CCI's decision to evaluate next steps, committed to users: Google

Hit hard by 2 back-to-back fines by Competition Commission of India, Google on Wednesday said that it is committed to its users and developers and reviewing the decision to evaluate the next steps

Top Headlines: RBI's liquidity infusion; Google fined Rs 936 crore by CCI

Walmart Inc-backed Flipkart is considering raising $2 billion to $3 billion at a valuation of more than $40 billion to expand its product range in India and challenge rivals

Indian app developers hail CCI penalty on Google as 'collective victory'

Competition commission fine on tech giant for abusing dominant position will have domino effect in other markets, they add

Play Store policies: CCI lands second blow, Google fined Rs 936 crore

Regulator suggests eight corrective steps

Balancing innovation and fair play needed: CCI chairman Ashok Kumar Gupta

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

CCI slaps Rs 936.44 cr penalty on Google for unfair business policies

The Competition Commission on Tuesday slapped a penalty of Rs 936.44 crore on Google for abusing its dominant position with respect to Play Store policies and directed the company to cease and desist from unfair business practices. In a release, the Competition Commission of India (CCI) said it has also directed to modify its conduct within a defined timeline. This is the second major CCI ruling against Google in less than a week. On October 20, the watchdog imposed a penalty of Rs 1,337.76 crore on the company for abusing its dominant position in multiple markets in relation to Android mobile devices and ordered the internet major to cease and desist from various unfair business practices.

CCI has been pragmatic in levying, quantifying penalties: Chairperson

Competition Commission Chairperson Ashok Kumar Gupta on Tuesday said the regulator has been pragmatic in levying and quantifying penalties as the enforcement actions are not divorced from business and economic realities. Gupta, who will be demitting office on Tuesday after being at the helm of the watchdog for nearly four years, also said that the feasibility of an ex-ante framework should be considered for effectively regulating digital markets. The Competition Commission of India (CCI) has been taking steps to ensure fair competition in the digital market and last Thursday, it passed a major order against Google for the abuse of dominance in multiple markets in relation to Android mobile devices. When asked about Google's comments on the ruling related to the Android matter, the chairperson declined to comment. Last Wednesday, the watchdog slapped penalties totalling Rs 392 crore on MakeMyTrip, Goibibo and OYO for unfair business practices. "We, at CCI, are presently addressing

Top Headlines: RIL Q2 net flat, CCI speeds up Apple antitrust case & more

Business Standard brings you the top headlines at this hour

CCI order a major setback for Indian businesses, consumers: Google

'Will open serious security risks… raise mobile device costs'

After Rs 1,338-cr penalty on Google, CCI speeds up Apple antitrust case

Apple's restrictions prima facie result in denial of market access for potential app developers and distributors

CCI says Google's penalty amount 'provisional', awaits financial details

The penalty of Rs 1,337.76 crore translates to 10 per cent of Google's average of relevant turnover for the last three preceding financial years 2018-19, 2019-2020 and 2020-21