COMPETITION LAW
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...
CCI Approves MacRitchie Investments' Stake Acquisition In Curefit Healthcare
The Competition Commission of India on Tuesday approved the acquisition of an additional stake in Curefit Healthcare Private Limited by MacRitchie Investments Pte Ltd.According to a press release, the proposed combination involves MacRitchie acquiring a certain stake in Curefit to supplement the Curefit's capital requirements in the fitness sector.MacRitchie is an investment holding company and an indirect wholly owned subsidiary of Temasek Holdings (Private) Limited.Curefit Healthcare is the...
CCI Clears Central Bank Of India's Stake Increase In Generali Central Insurance And Life Units
The Competition Commission of India has approved the acquisition of additional shareholding in Generali Central Insurance Company Limited and Generali Central Life Insurance Company Limited by Central Bank of India. According to the press release dated 3 March 2026, the proposed combination involves the acquisition of 1.09% additional equity in Generali Central Insurance Company Limited and 0.82% additional equity in Generali Central Life Insurance Company Limited by Central Bank of India. ...
Competition Commission Approves General Atlantic's Acquisition Of Stake In Balaji Wafers
The Competition Commission of India on 3 March approved the acquisition of certain shareholding in Balaji Wafers Private Limited by General Atlantic Singapore BWP Pte Ltd. According to the press release, General Atlantic Singapore BWP Pte Ltd will acquire certain shareholding in Balaji Wafers on a fully diluted basis from its existing shareholders. General Atlantic is an investment holding company incorporated in Singapore and affiliated with a group of General Atlantic investment funds. ...
Meta, WhatsApp Undertakes To Comply With NCLAT Order Extending CCI's Privacy Safeguards To Advertising Data By March 16
WhatsApp and Meta on Monday told the Supreme Court that they will comply with the National Company Law Appellate Tribunal's directions extending CCI's privacy and consent safeguards initially applicable to non-advertising data to advertising-related data sharing. They did not press their plea seeking a stay. Senior Advocate Kapil Sibal, appearing for the platforms, said an affidavit has been filed explaining what data is shared and what is not. He told the court the companies will comply with...
United India Insurance Bid-Rigging Case: Supreme Court Tags CCI Appeal Over ₹32.76 Lakh Interest With Penalty Appeal
The Supreme Court on Friday deferred to March the hearing of the Competition Commission of India's appeal challenging a Delhi High Court judgment that had quashed its demand of Rs. 32.76 lakh as interest for alleged delay in payment of a bid-rigging penalty imposed on United India Insurance Company Ltd. A Bench of Justices K.V. Viswanathan and Atul S. Chandurkar was informed by Attorney General R. Venkataramani, appearing for the CCI, that a connected civil appeal challenging the reduction of...
CCI Approves Merger Of Hinduja Leyland Finance With NDL Ventures
The Competition Commission of India (CCI) on February 17 approved the proposed merger of Hinduja Leyland Finance Ltd (HLFL) with and into NDL Ventures Ltd (NDL).The proposed combination seeks to merge and consolidate the businesses of HLFL into NDL Ventures Limited NDL Ventures presently does not have any active business operations. Post-merger, Hinduja Leyland's business will be consolidated into NDL as part of the restructuring exercise.Hinduja Leyland Finance is a NBFC & Asset Finance...
CCI Fines Intel ₹27.38 Crore For Abuse of Dominance Over Desktop Microprocessors Warranty Policy
The Competition Commission of India (CCI) has imposed a Rs. 27.38 crore penalty on Intel Corporation for abusing its dominant position in India through an India-specific warranty policy for boxed microprocessors. The order was passed by a coram comprising Chairperson Ravneet Kaur and Members Anil Agrawal, Sweta Kakkad and Deepak Anurag. The case arose from an information filed by Matrix Info Systems Pvt. Ltd., a Delhi-based IT trading firm engaged in parallel imports of Intel products. ...
NCLAT Refuses Probe Into NSE Co-Location Services, Upholds CCI Closure
The National Company Law Appellate Tribunal (NCLAT) at New Delhi has recently refused to reopen allegations that the National Stock Exchange of India abused its dominant position through its co-location services, agreeing with the Competition Commission of India that the case did not warrant a detailed investigation at the threshold stage. A bench of Judicial Member Justice Mohammad Faiz Alam Khan and Technical Member Naresh Salecha said the competition regulator had examined the issue and...
CCI Penalises Allcargo Logistics ₹50 Lakh For Closing Gati Express Deal Without Prior Approval
The Competition Commission of India (CCI) has recently imposed a penalty of Rs 50 lakh on Allcargo Logistics Limited after finding that its acquisition of the remaining stake in Gati Express led to a change from joint control to sole control and was completed without prior notification. Before the deal, Allcargo held a 70% stake in Gati Express through its subsidiary, while KWE owned the remaining 30%. Even so, the Commission noted that KWE's holding gave it the power to block special...