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"competition-commission-of-india-cci"

  • JSW Paints acquires 74.8 per cent of Akzo Nobel India in Rs 12,915-cr deal

    Akzo Nobel NV has signed an agreement to sell its shareholding in Akzo Nobel India Ltd (ANIL) to the JSW Group, . The deal includes an open offer and marks Akzo Nobel’s strategic exit from the decorative paints segment, making it the fourth-largest player in India’s paint industry
  • Artificial Intelligence is driving force in modern markets, has potential to enable collusion: CCI chief

    Ravneet Kaur says AI shapes pricing strategies, decision-making, and operational efficiencies across industries but also presents risks
  • CCI suspends Amazon-Future Coupons deal, slaps Rs 202 crore penalty

    New Delhi: The Competition Commission of India (CCI) on Friday slapped Rs 202 crore penalty on Amazon for providing false information and suppressing material particulars in the deal to acquire a stake in Future Coupons Private Ltd (FPCL). The competition watchdog has also suspended the deal. In 2019, the US-headquartered e-commerce giant Amazon announced the […]
  • Restaurants’ body moves CCI against Zomato, Swiggy

    According to the NRAI, the anti-competitives actions of the aggregators include bundling of services, data masking, exorbitant commission charges, price parity agreements and deep discounting.
  • Siemens acquires 99.22 pc in C&S Electric Ltd for Rs 2,100 crore

    The Competition Commission of India (CCI) had given its approval for the deal on August 20, 2020, Siemens Ltd said in a BSE filing.
  • Cement production likely to be up by 20% in FY22: ICRA

    After a sharp contraction of 17 per cent in FY21, production to grow 20 per cent in FY22, says agency.
  • Anti-trust probe initiated against ACC, Ambuja Cements

    Both Ambuja Cement and ACC said in regulatory filings that the CCI has initiated an investigation against cement companies in India, including Ambuja Cements and ACC Ltd.

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