cci

CCI Accuses Samsung, Xiaomi Of Colluding With Amazon, Flipkart To Launch Products

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CCI Accuses Samsung, Xiaomi Of Colluding With Amazon, Flipkart To Launch Products

Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart’s Flipkart to exclusively launch products on the e-commerce firms’ Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters. Antitrust investigations conducted by the Competition Commission of India (CCI) have found that Amazon and Flipkart violated local competition laws by … Read more

Digital cos with 10% India users need CCI nod for mergers & acquisitions

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Digital cos with 10% India users need CCI nod for mergers & acquisitions

Mergers and acquisitions involving digital firms that have one tenth of their global users or gross merchandise value in the previous one year or annual turnover in India would require clearance from the Competition Commission of India (CCI), as they would then be considered to have “substantial business operations” in this country, the regulator said. … Read more