COMPETITION LAW
CCI Directs Investigation Against Venkateshwara Hatcheries Group, Finds Prima Facie Vertical Restraints
Today, the Competition Commission of India (CCI) found a prima facie case of vertical restraints against the Venkateshwara Hatcheries Group and its group companies and directed an investigation under Section 26(1) of the Competition Act, 2002. A Bench comprising Chairperson Ravneet Kaur and Members Anil Agrawal, Sweta Kakkad, and Deepak Anurag directed the Director General (DG) to conduct the probe and submit a report within 90 days. The Bench held:“In view of the foregoing, the Commission is...
CCI Approves BlackRock-Linked GIP EM Star Investment In Aditya Birla Renewables
The Competition Commission of India (CCI) on Wednesday approved the proposed subscription of certain equity share capital of Aditya Birla Renewables Limited by GIP EM Star Pte. Ltd., according to a press release dated March 25, 2026. GIP EM Star Pte. Ltd., the acquirer, is incorporated in Singapore and is owned by certain funds managed by GIM EM Manager LLC. GIM EM Manager LLC is wholly owned by Global Infrastructure Management, LLC, which in turn is an indirectly majority-owned subsidiary of...
CCI Clears MUFG Bank's Proposed Stake Purchase in Shriram Finance
The Competition Commission of India (CCI) on Wednesday approved the proposed acquisition of certain shares in Shriram Finance Limited by Japan based-MUFG Bank Ltd.MUFG Bank Ltd is wholly owned and controlled by Mitsubishi UFJ Financial Group, Inc., a financial services and holding company incorporated in Tokyo. In India, the bank provides corporate banking loans, deposit accounts, remittances, trade finance, bank guarantees, and hedging services.Shriram Finance Limited is a publicly listed...
CCI Nods For Merger Of Coursera Unit With Udemy; Coursera To Acquire Sole Control
The Competition Commission of India (CCI) on Wednesday approved the proposed merger of Chess Merger Sub, a wholly owned subsidiary of US-based education technology company Coursera Inc., with online learning platform Udemy Inc., a transaction that will result in Coursera acquiring sole control over Udemy. The proposed combination involves the merger of Udemy Inc. with Chess Merger Sub, a newly incorporated wholly owned subsidiary of Coursera Inc., with Udemy surviving as a wholly owned...
CCI Approves State Street's Proposed Acquisition Of Stake In Groww Asset Management
The Competition Commission of India (CCI) on Wednesday approved the proposed acquisition of shareholding in Groww Asset Management Limited, the asset management arm of the Groww investment platform, by State Street Global Advisors Inc., the asset management arm of State Street Corporation. The proposed transaction relates to the acquisition of shareholding by State Street Global Advisors in Groww Asset Management Limited, a wholly owned subsidiary of Billionbrains Garage Ventures Limited that...
CCI Rejects Bid-Rigging Allegations In BESCOM Smart Meter Tender, Closes Case
The Competition Commission of India (CCI) has dismissed allegations of bid-rigging and collusive conduct against Bangalore Electricity Supply Company (BESCOM) and two contractors in a smart meter procurement tender, finding no prima facie contravention of the Competition Act. A coram of Chairperson Ravneet Kaur and Members Anil Agrawal, Sweta Kakkad and Deepak Anurag passed the order. The information was filed by Mahesh N. R., a consumer of BESCOM, alleging that BESCOM, along with Rajashree...
CCI Finds No Abuse Of Dominance By Google In Termination Of Developer's Play Store Accounts
The Competition Commission of India on Tuesday closed an abuse of dominance complaint against Google India Pvt. Ltd. over termination of a developer's Play Store accounts and alleged denial of market access, finding no prima facie contravention of Section 4 of the Competition Act.A coram of Chairperson Ravneet Kaur, Members Anil Agrawal, Sweta Kakkad and Deepak Anurag passed the order. "the Commission finds that no prima facie case of contravention of the provisions of Section 4 of the Act is...
CCI Closes Anti-Competitive Conduct Case Against Rapido, Says Bike Taxi Permit Issue Falls Under MV Act
The Competition Commission of India on Tuesday rejected allegations of anti-competitive conduct against Rapido's parent company Roppen Transportation Services Pvt. Ltd., holding that the dispute relates to regulatory issues under the Motor Vehicles Act and not competition law.The order dated March 17, 2026 was passed by a Coram comprising Chairperson Ravneet Kaur and Members Anil Agrawal, Sweta Kakkad, and Deepak Anurag. “The Commission notes that the crux of the allegation raised by the...
CCI Approves Bentley's Proposed Stake Increase In Kerala-Based Baby Memorial Hospital
The Competition Commission of India (CCI) on Tuesday approved a combination involving Singapore-based Bentley Asia Holdings II Pte Ltd. acquiring additional shareholding in Kerala-based Baby Memorial Hospital Limited, followed by BMH acquiring a stake in Unimed Health Care Private Limited. The proposed combination comprises two steps: Bentley will acquire additional shareholding in BMH, following which BMH will acquire certain shareholding in Unimed by way of a secondary purchase. Bentley is a...
CCI Clears BookMyShow Of Abuse Of Dominance Allegations Despite Dominance In Online Movie Ticket Booking Market
The Competition Commission of India on Thursday cleared BookMyShow operator Big Tree Entertainment Pvt Ltd of abuse of dominance allegations, even as it held that the company enjoys a dominant position in the online movie ticket booking market in India.A coram of Chairperson Ravneet Kaur and Members Anil Agrawal, Sweta Kakkad and Deepak Anurag closed the information filed by Vijay Gopal, founder of online movie ticketing portal Showtyme, registered in the name of Vanila Entertainments. The...
CCI Closes Complaint Alleging Excessive Air Ticket Cancellation Charges by IndiGo, Air India
The Competition Commission of India (CCI) on Wednesday dismissed a complaint accusing airlines IndiGo and Air India of imposing excessive and unfair air ticket cancellation charges, holding that no prima facie violation of competition law was made out. A coram of Chairperson Ravneet Kaur and Members Anil Agrawal, Sweta Kakkad, and Deepak Anurag passed the order. The information was filed by Kannadiputhur Sundararaman Suresh, a consumer, against InterGlobe Aviation Ltd (IndiGo) and Air India...
CCI Clears Cube V's Proposed Acquisition Of Dineshchandra Group Road Asset Businesses
The Competition Commission of India on Tuesday approved the proposed acquisition by Cube Highways and Infrastructure V Pte Ltd (Cube V) and others of the road asset businesses of Dineshchandra Yamuna Infra Pvt Ltd (DYIPL), Dineshchandra Vaishnodevi Infra Pvt Ltd (DVIPL), Dineshchandra Giriraj Infra Pvt Ltd (DGIPL) and Dineshchandra Trans-Eastern Highways Pvt Ltd (DTEHPL).According to a press release, the proposed combination entails the indirect purchase by Cube V and others of the road asset...