ANTI MONOPOLY LAW
Why is NFL being sued in the US in an anti-trust law petition? Know the inside story
The NLF is facing a class action suit in the US for possible violation of the anti-trust laws involving its broadcasting agreements. The lawsuit claims damages to the tune of $7 billion.
Rahul Gandhi dubs NEET anti-poor, says states can decide on it if INDIA bloc voted to power
Congress leader Rahul Gandhi on Friday assured a legislation to provide apprenticeship to young people and filling 30 lakh vacant government jobs. Addressing his first election rally in Tamil Nadu, Rahul Gandhi said if the INDIA bloc is voted to power at the Centre, "drastic action" will be taken to provide employment opportunities to the young people.
India’s anti-dumping policy: Safeguarding industries or stifling growth?
A section of industry says it is time to look at the country’s anti-dumping strategy with a fresh lens. The duties sometimes favour large firms and severely impact MSMEs, choking industrial growth.
View: Big tech, don't be a big brother
Google's Play Store billing policies face CCI investigation for potential Competition Act violations, concerning app developers' resources and market dominance. The case underscores the need for fair competition and innovation in the digital marketplace. In February, Google removed more than a dozen popular apps, including Info Edge's Naukri.com and 99acres.com, Matrimony.com's BharatMatrimony, People Interactive's Shaadi.com, online podcast platform Kuku FM, and online dating app TrulyMadly, from its Play Store for not complying with UCBS.
ETtech Explainer: What the proposed digital competition law looks to regulate
The Ministry of Corporate Affairs' Committee on Digital Competition Law has advocated for a novel legal framework to govern competition in the digital realm. This proposed law would introduce ex-ante regulations to tackle potential anti-competitive behavior and antitrust concerns, specifically targeting large digital corporations.
Amazon antitrust lawsuit likely to be long and arduous journey for FTC
The Federal Trade Commission's long-awaited antitrust case is the agency's most aggressive move yet to tame the market power of Amazon, a company that's become synonymous with online shopping and fast deliveries.
- Go To Page 1
SC refuses to modify January order against Google in Android antitrust case
A Bench led by Chief Justice DY Chandrachud said it would not make any changes to its January 19 order. “No clarification is required. Go argue in appeal” before the National Company Law Appellate Tribunal.
Panel to weigh competition law for digital companies
The move follows a recommendation by the parliamentary standing committee on finance on acting against anti-competitive behaviour in digital markets to prevent the formation of monopolies. The panel had also suggested digital competition legislation to ensure a fair, transparent and contestable digital ecosystem in the country and identification of systemically important digital intermediaries (SIDIs).
Artistes’ body files insolvency plea against ZEEL claiming Rs 211 crore dues
IPRS, which is a non-profit society comprising authors, composers and music publishers, had filed an application under Section 9 of the Insolvency and Bankruptcy Code (IBC) 2016, as an operational creditor claiming dues towards royalty payable for utilisation of "literary and musical works".
2022 Year in Review | Big Tech ‘monopolies’ come under scrutiny
India has drawn up or proposed legislation — the IT rules, the draft Digital Data Protection Bill, and the proposed Digital Competition Act and Digital India Act – to regulate data collection and break the monopolies of the BIg Tech companies.
Google's anti-competitive activities harm Indian consumers, economy: MapMyIndia CEO
Google has approached the appellate tribunal NCLAT to challenge the CCI order on unfair business practices in the Android mobile device ecosystem, alleging that the decision presents a major setback for its Indian users and businesses, who trust Android's security features and potentially raises the cost of mobile devices.
Ex-WhatsApp Pay India head may join Tata Digital; house panel flags Big Tech’s ad monopoly
A week ago, WhatsApp Pay's India head Vinay Choletti quit the company just after four months he was elevated to the position. His resignation is the fourth high-profile exit in about one-and-a-half months from Meta in India after its country head Ajit Mohan stepped down in November. Now, Choletti is in talks to join Tata Digital’s payments business.
IDBI Bank approaches bankruptcy court against Zee Entertainment Enterprises
IDBI Bank has filed an insolvency resolution petition against Subhash Chandra promoted ee Entertainment Enterprises Ltd (ZEEL) for the default of over Rs 149 crore. The development comes at a time when ZEEL is in the process of a merger with Sony Pictures Network India (SPN). Last year on December 22, ZEE and SPN signed a definitive agreement to merge the two companies.
Argentine e-commerce firm MercadoLibre files complaints against Apple for 'anti-competitive practices'
In a statement, MecadoLibre, the Argentine e-commerce giant said that Apple had imposed a series of restrictions on the distribution of digital goods and in-app purchases, including banning apps from distributing third-party digital goods and services such as movies, music, video games, books and written content.
Indonesia antitrust agency launches probe of Google app payments
An initial investigation found that since June 1 Indonesian app developers had been required to use Google's payment system, which charges a 15% to 30% fee, the KPPU said.
US court allows mega antitrust case against Google to proceed
According to a Wall Street Journal report in July, Google offered the US government to split its ad-tech business into a separate entity under the Alphabet umbrella, to avoid an antitrust lawsuit.
China fines Didi Global $1.2 billion for violating data security laws
China's cybersecurity regulator said on Thursday it has fined ride hailing giant Didi Global Inc 8.026 billion yuan ($1.19 billion) following a more than year long investigation into the collection and use of its customer data.
Alibaba, Tencent fined for disclosure violations in China
The State Admnistration for Market Regulation (SAMR) released a list of 28 deals that violated the rules. Five involved units of Alibaba, including a 2021 purchase of equity in its subsidiary, the Youku Tudou streaming platform. Tencent was involved in 12 of the transactions on SAMR's list.
Will work closely with antitrust body, do not expect any financial implications: Zomato on CCI probe
Restaurant body NRAI says antitrust investigation against Zomato, Swiggy should pave way for a level-playing field
China's market regulator fines Alibaba, Tencent for failing to report deals
According to public filings, China's State Administration for Market Regulation (SAMR) placed penalties of 500,000 yuan ($78,692) on the companies per deal, the maximum under China's 2008 anti-monopoly law.
Google, Apple payment monopolies under threat; Tata postpones 'super app'
Many top Indian digital firms are gearing up to petition the government to draw up rules to prevent Google and Apple from insisting on the use of their proprietary payment systems.
Chinese regulators warn fintech firms against anti-monopoly behavior
To help curb risks to China's financial system, Beijing has in recent months ramped up scrutiny of technology companies and tightened antitrust regulations.
China fines Alibaba record $2.75 bn for anti-monopoly violations
The ruling Communist Party is tightening control over China's biggest e-commerce and other internet companies and has warned them not to use their industry dominance to stifle competition.
US FTC drops anti-trust case against Qualcomm
The FTC first filed a complaint against Qualcomm in 2017, charging that the company has a monopoly in baseband processors.
China targets Jack Ma’s Alibaba empire in monopoly probe
Once hailed as drivers of economic prosperity and symbols of the country’s technological prowess, Alibaba and rivals like Tencent Holdings Ltd. face increasing pressure from regulators after amassing hundreds of millions of users and gaining influence over almost every aspect of daily life in China.
View: Facebook's monopolistic behaviour needs to be viewed through a new anti-competition lens
And this is the crux of the case being levelled by the US Federal Trade Commission (FTC), and 46 US states, against Facebook. By contrast, only 11 states are implacably opposed to Google. The certainty of their belief that Facebook has indulged in anti-competitive behaviour is only matched by the level of difficulty associated with indicting it within a framework of outdated anti-trust laws.
Focusing on Facebook and Google’s monopoly misses the point
In recent years, big tech has become ever more important to the U.S. economy and U.S. financial markets. The five biggest tech companies now represent more than one-fifth of the market capitalization of the S&P 500.
GST's anti-profiteering clause to check monopolies, cartels
The anti-profiteering clause was built into the GST law to ensure that the price gains accruing due to an end of "tax on tax", or cascading effect, are passed on to consumers.
China probing over 1000 auto firms for anti-trust violations
Over 1,000 auto firms in China, including domestic and foreign companies, are facing anti-monopoly probes for alleged violations of rules.
Load More
