Competition Commission of India
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CCI clears Reliance’s 2850 Cr buy of Metro’s local business
Competition Commission of India said that it has cleared Reliance Industries Ltd's Rs 2,850 crore acquisition of the Indian business of German retailer Metro AG. The deal, announced nearly three months ago, will help Reliance strengthen its wholesale format and...
Published On March 15th, 2023 -
Zee-Sony merger: Groups agree to sell 3 Hindi channels to address anti-competition concerns
Sony and Zee media groups have voluntarily agreed to sell their three Hindi Channels- Big Magic, Zee Action, and Zee Classic to address possible anti-competition concerns arising out of their proposed mega-merger deal. Sony and Zee have submitted their proposals...
Published On October 28th, 2022 -
GoI appoints Sangeeta Verma as acting chairperson of CCI
The government of India 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. Verma is currently a member at the regulator. Her appointment will be...
Published On October 27th, 2022 -
MakeMyTrip, Goibibo, OYO fined Rs 392 crore by CCI
Make My Trip, Goibibo (MMT-Go), and OYO were fined Rs 392 crore by the Competition Commission of India (CCI). CCI fined these companies which were spelled out in a 131-page order which is for "unfair business practices". Make My Trip...
Published On October 21st, 2022 -
CCI approves the acquisition of BillDesk by PayU Payment
The Competition Commission of India (CCI) approved the acquisition of 100 percent equity of Indiaideas.com (Billdesk) by PayU Payments. The proposed combination relates to the acquisition of 100 percent of the equity share capital of India Ideas Ltd (IIL) by...
Published On September 6th, 2022
