UNFAIR COMPETITION
Why the Digital Competition Bill has started a polarising debate in the tech industry India’s Digital Competition Bill has turned previous foes in the tech industry into unlikely allies and sparked a polarising debate on market practices. The Committee on Digital Competition Law (CDCL) on February 27, submitted its report to the mini...
30 Jun, 2024, 03.50 PM ISTCCI 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 chan...
28 Jun, 2024, 06.17 PM ISTApple is first company charged under new EU competition law Apple is facing intense regulatory scrutiny globally, with charges in the EU, legal battles in the US, and regulatory actions in Britain, signaling a turbulent period for the tech giant in various markets.
25 Jun, 2024, 12.02 PM IST- ADVERTISEMENT
Canada considers imposing import tariffs on Chinese EVs Canada is considering imposing import tariffs on Chinese-made electric vehicles (EVs). Deputy Prime Minister Chrystia Freeland stated on Monday that the government will seek the public's opinion on the matter starting July 2.
24 Jun, 2024, 10.04 PM ISTKremlin slams US ban on cybersecurity firm Kaspersky The Kremlin on Friday criticised the US decision to ban Moscow's cybersecurity firm Kaspersky over security concerns as creating "unfair competition" from American companies. "Kaspersky Lab is a company which is very, very competitive on the interna...
22 Jun, 2024, 09.24 AM ISTKremlin slams US ban on cybersecurity firm Kaspersky The Kremlin on Friday criticised the US decision to ban Moscow's cybersecurity firm Kaspersky over security concerns as creating "unfair competition" from American companies. "Kaspersky Lab is a company which is very, very competitive on the interna...
21 Jun, 2024, 05.04 PM ISTCiting overlaps, experts seek rejig of Digital Competition Bill The ministry of electronics and information technology continued discussions on the digital competition bill with think tanks and industry bodies raising concerns about foreign regulation approaches. The impact on startups and overlap with existing ...
20 Jun, 2024, 06.01 AM ISTMeitY meets firms to review concerns on Digital Competition Law Indian policymakers discussed the impact of the proposed Digital Competition Bill on data and digital markets at the MEITY meeting with industry representatives. Stakeholders had differing opinions on the regulations, with some supporting its provis...
19 Jun, 2024, 06.00 AM ISTG7 draft confronts China's 'unfair' business competition The G7 nations are set to pledge action against Chinese financial institutions that aided Russia in obtaining weaponry for its war in Ukraine, according to a draft summit communique seen by Reuters. The draft, involving leaders from the UK, Canada, ...
14 Jun, 2024, 06.43 PM ISTMeitY to discuss digital competition bill draft with industry associations The government is holding meetings to address concerns about the draft Digital Competition Bill, which proposes obligations for big tech companies in core digital services under a new category of systemically significant digital enterprises.
12 Jun, 2024, 06.11 AM IST12 Lessons from Polls 2024 Lessons in governance and strategy for corporate India from the 2024 Elections and the formation of the third NDA government include the importance of competition, cooperation, feedback, communication, supply chain management, consumer knowledge, CE...
10 Jun, 2024, 12.19 PM ISTHC seeks NTA's stand on plea concerning NEET answer key The Delhi High Court has asked the National Testing Agency (NTA) to respond to a petition by an NEET-UG candidate regarding a question with two correct answers in the answer key. The petitioner argues that awarding marks to both correct options comp...
07 Jun, 2024, 05.58 PM ISTVolkswagen plans cheaper battery model 'from Europe for Europe' Volkswagen has announced plans for a cheaper electric model, priced around 20,000 euros ($21,800), to be introduced in 2027. The model will offer entry-level electric mobility from Europe for Europe. Volkswagen also plans to unveil a range of batter...
28 May, 2024, 10.24 PM ISTDraft digital competition bill will make business untenable: IAMAI Ex-ante regimes tell businesses precisely how to behave, or what to do. Under the current ex-post regime of the Competition Act, companies are only required to ensure that their conduct in the market is not anti-competitive. An overlapping ex-ante r...
16 May, 2024, 06.00 AM ISTGreenko Energies gets CCI nod to acquire additional stake in Sikkim Urja CCI approved Greenko Energies' additional stake acquisition in Sikkim Urja Ltd, a special purpose vehicle for a 1,200 MW hydropower project in North Sikkim. The acquisition was part of promoting fair competition in the marketplace.
07 May, 2024, 09.47 PM ISTPenalty for unfair trade practices to be linked to global turnover The CCI regulations followed a notification issued by the ministry of corporate affairs stipulating March 6 as the date for implementing the relevant provisions of the Competition (Amendment) Act 2023 that deal with the new monetary penalty regime.
07 Mar, 2024, 06.43 AM ISTPolish farmers 'up in arms' against Ukraine for 'unfair' agricultural imports Polish farmers gathered at the border with Ukraine on Feb 20, 2024 to protest against the import of Ukrainian produce. They blocked the crossing and spilt grain on the tracks, claiming that Ukraine's cheap goods posed unfair competition in the Polis...
21 Feb, 2024, 05.16 PM ISTUS Supreme Court allows a court order to take effect that could cost Apple billions of dollars Epic tried to offer an alternative way to get its mobile app, attempting to evade the developer fees inside the app store, which collects a commission of 15% to 30% on subscriptions and other digital transactions. Apple ousted Epic from its app stor...
16 Jan, 2024, 10.25 PM ISTFor too long India has put up with unfair competition...: EAM Jaishankar EAM S Jaishankar emphasized India's need to confront unfair competition globally, stating the country should no longer tolerate it in the name of globalization. Speaking at the FICCI AGM, he highlighted India's shift from being considered the "back ...
10 Dec, 2023, 09.37 AM ISTEAM Jaishankar at FICCI meet: India put up with unfair competition for 'too long' External Affairs Minister S Jaishankar said that India has put up with "unfair competition" for too long in the name of the globalisation era. He said that India must have the ability to call it out if the competition is unfair. While speaking at th...
10 Dec, 2023, 09.34 AM IST