RAVNEET KAUR CCI
CCI to tweak fair trade norms soon
Under the green channel process, introduced in 2019, an M&A deal is deemed to have been approved upon filing the application with the regulator, subject to conditions, including meeting the prescribed value thresholds. The move was aimed at expediting the deal approval process and balancing regulatory facilitation with enforcement functions.
CCI to shortly come out with changes to competition rules
The Competition Commission of India (CCI) is set to announce changes to competition rules, including those related to green channel approvals for mergers and acquisitions. The regulator is focusing on advocacy efforts and capacity building. The changes will also address dark patterns in e-commerce and algorithmic collusion, which could have competition implications.
Key changes at Wipro; CCI on digital firms’ ‘opaque’ algorithms
IT services company Wipro is undergoing more changes under new CEO Srinivas Pallia. More on this on today’s ETtech Top 5.
CCI chief flags 'opacity of algorithms', potential 'data dominance' concerns in digital markets
Competition Commission of India (CCI) chief Ravneet Kaur highlighted the opacity of algorithms in assessing their impact on competition, emphasizing the need for competition law to evolve in digital markets. The CCI is closely monitoring digital markets to combat anti-competitive practices. Kaur also announced a forthcoming market study on Artificial Intelligence during the 15th annual day event.
Competition Commission to conduct detailed study on AI; invites proposals from entities
CCI invites proposals for AI market study focusing on competition dynamics, collusion risks, bias impact, M&A effects, enforcement priorities, entry barriers, innovation incentives, and market power. Deadlines: June 3 for bids, technical presentations, and June 28 for financial bids.
AI can drive efficiency, but raises market concentration concerns: Competition Commission chief
CCI chief Ravneet Kaur highlights the dual impact of AI on efficiency, innovation, market concentration, and anti-competitive behavior. The upcoming CCI study aims to explore AI's role in competition law and its effects on market dynamics.
- Go To Page 1
CCI chief says recently notified regulations applicable to cases under investigation
About the leniency plus regime, the CCI Chairperson said it will act as an incentive for an entity to provide details about the existence of a cartel and stressed the importance of getting information about cartelisation to establish the existence of a cartel.
CCI conducting enquiries against some fintech entities: Chairperson Kaur
CCI Chairperson Ravneet Kaur disclosed ongoing investigations into fintech entities to examine their technology leveraging impact on competition, emphasizing the regulator's commitment to ensuring a competitive digital market. With an eye on big tech and various sectors, including film distribution, CCI aims to address market distortions, fostering innovation and economic growth
No point Googling ‘swadeshi’
A set of entrepreneurs of local internet companies are labelling Google's eviction of their apps from Play Store as hegemonic. People Group's Anupam Mittal said on X that Google's 30% commission structure was akin to a lagaan and compared the online search behemoth to the East India Company.
Indian tech's nationalist backlash against US giants: Calls for stronger antitrust measures
Indian internet companies have periodically raised concerns about the dominance of US tech giants, invoking nationalist sentiments. However, such rhetoric has not led to significant changes. For instance, when Paytm criticized Google for delisting its app from the Play Store, the issue was resolved temporarily without major policy changes. To effectively address issues of dominance and monopoly, India needs a stronger antitrust body and a faster legal process. The EU and US have seen more aggressive actions against tech giants, highlighting the need for similar measures in India.
Will notify settlement & commitment regulations soon: CCI chief
The Competition Commission of India (CCI) will introduce new regulations on settlement and commitment mechanisms, allowing companies to resolve anti-competitive charges by filing commitment or settlement applications. Big Tech is included. Inquiries will be paused until final decisions are made within set time frames.
Competition Comm to soon float tender for market study on AI's impact on businesses
The Competition Commission of India (CCI) will float a tender for a study on the impact of artificial intelligence (AI) on businesses and services. The CCI's Chairperson, Ravneet Kaur, emphasized that the regulator cannot take a one-size-fits-all approach in technological markets. The CCI is also looking at data protection from the perspective of data access, analysis, storage, and usage by third parties to prevent anti-competitive practices.
CCI considering boosting manpower for tighter oversight, says Chairperson Ravneet Kaur
The regulator currently has 15 officers in its two anti-trust divisions, 11 in the combination wing, five in the legal division, six in research and trend analysis, five each in economics and advocacy divisions and four in international cooperation division, among others, according to its website.
No new interim norms to regulate big tech players: CCI chairperson
In an interview to Banikinkar Pattanayak, Competition Commission of India (CCI)chairperson Ravneet Kaur said the regulator would soon wrap up processes to notify new settlement, commitment, combinations and leniency-plus frameworks
CCI to commission study on AI to better gauge antitrust concerns: Chairperson Ravneet Kaur
“In that study, we will try to understand the dynamics better. We can differentiate what kind of AI that we want to support and which one is stifling innovation,” Kaur said at an industry event in the capital.
AI, gig economy pose challenges for competition law: MCA Secretary Manoj Govil
While delivering the valedictory address at the BRICS International Competition Conference in the national capital, Ministry of Corporate Affairs Secretary Manoj Govil also highlighted that various countries, including India, are looking at ex-ante regulations to deal with possible anti-competitive practices in the digital markets.
CCI looking at ways to integrate sustainability dimensions into competition law framework
The Competition Commission of India (CCI) is considering incorporating sustainability dimensions into the competition law framework. CCI Chairperson Ravneet Kaur mentioned that some countries, such as Japan, have already implemented green guidelines, and the CCI is exploring how to integrate sustainability into its own framework.
Competition regulator bolstering tools to plug abuse in digital markets: Chairperson Ravneet Kaur
The Competition Commission of India (CCI) is taking steps to ensure fair trade practices in digital markets and prevent abuse of market dominance by a few platforms, according to CCI Chairperson Ravneet Kaur. Kaur emphasized the importance of sharing experiences to maintain competitiveness in digital markets and highlighted the role of competition authorities in addressing these issues.
CCI to firm up rules for leniency-plus regime: Chairperson Ravneet Kaur
The Competition Commission of India (CCI) is proposing a new "leniency-plus" regime that would allow companies under investigation for cartelisation to reduce penalties by disclosing information about other cartels. The regulator plans to seek stakeholder comments on the proposed regulations and finalize them for enforcement.
Competition regulator to soon release 'leniency-plus' regulations to bust cartels
The Competition Commission of India (CCI) will introduce regulations for a proposed leniency-plus regime, which will encourage companies under investigation for cartelisation to report other cartels and receive reduced penalties. The CCI will seek stakeholder comments on the regulations and finalize them.
Competition authorities cannot look at coordinated enforcement action against international cartels: CCI chief
While addressing the media about the BRICS International Competition Conference to be held in the national capital from October 11-13, she also emphasised that a memorandum of understanding (MoU) with various competition authorities is an important instrument that allows for cooperation and sharing experiences. To a query regarding enforcement against international cartels, the Competition Commission of India (CCI) Chairperson said that when it comes to enforcement, "we have to be very careful in terms of enforcement because each authority has its own legal framework".
CCI probing Google, Apple for unfair business practices: chairperson Ravneet Kaur
The watchdog had ordered detailed investigations against Google with respect to its alleged abuse of dominance in the smart television segment and in the news content space. Further, the regulator had ordered an investigation against Apple for alleged anti-competitive practices with respect to its App Store.
Relief for Subway Systems as CCI drops charges of profiteering
In a relief to Subway Systems, the Competition Commission of India has dropped charges of profiteering against the company and held that charging royalty and advertising expenses did not amount to profiteering. The company was accused of resorting to profiteering by charging royalty and advertisement charges on the increased base price from the franchisee.
Air India CEO meets India antitrust chief on pending Vistara merger
The CCI's scrutiny comes amid growing concerns within the industry about a duopoly, with a merged Air India-Vistara and IndiGo controlling more than 75% of the domestic market as smaller rivals such as SpiceJet and Go First struggle. For the first half of 2023, IndiGo's market share stood at 58%, while the Tata Group airlines, including AirAsia India, accounted for 25%.
CCI reviewing probe report on Apple app store billing policy
The CCI may ask the iPhone company to make changes to its app store billing and commission policies, as it has done in the case of Google, experts said. That would require Apple to open the 'walled garden', its closely guarded iOS operating system, something that the world's most valuable company has not had to do anywhere in the world.
Ravneet Kaur takes charge as chairperson of Competition Commission of India
Kaur, a 1988 Punjab cadre IAS officer, will be the fifth full-time Chairperson of the fair trade regulator, which started functioning in 2009.
Govt appoints Ravneet Kaur as CCI Chairperson
The appointment of Ravneet Kaur, a 1988 Punjab cadre IAS officer, will be for a period of five years from the date of assuming charge or till the date of attaining the age of 65 years or until further orders, whichever is the earliest, as per the order dated May 15. CCI Member Sangeeta Verma has been acting as the Chairperson since October last year.
Load More
