CCI Clears Proposed Minority Stake Acquisition in Snack Major Haldiram by L Catterton India Fund

The Competition Commission of India (CCI) has approved the proposed acquisition of a minority shareholding, on a fully diluted basis, in Haldiram Snacks Food Private Limited by L Catterton India Fund. The proposed combination involves L Catterton India Fund acquiring a non-controlling stake in Haldiram Snacks Food. The acquirer is a scheme of L Catterton India Trust, a Category II alternative investment fund registered with the Securities and Exchange Board of India, and is engaged in...

CCI Orders Investigation Into IndiGo Over Alleged Abuse of Dominance After Mass Flight Cancellations

The Competition Commission of India (CCI) on Wednesday ordered an investigation into InterGlobe Aviation Ltd., which operates IndiGo, after forming a prima facie view that the airline may have abused its dominant position by cancelling a large number of flights in early December 2025 and leaving passengers to book tickets at sharply higher fares. The order was passed by a coram comprising Chairperson Ravneet Kaur and Members Anil Agrawal, Sweta Kakkad, and Deepak Anurag. At the threshold, the...

Supreme Court Stays NCLAT Finding On Patents Act Prevailing Over Competition Act

The Supreme Court on Monday stayed key observations of the NCLAT, which had held that the Patents Act prevails over the Competition Act and that the Competition Commission of India lacks jurisdiction to inquire into alleged anti-competitive conduct involving patented products A bench of the Supreme Court of India comprising Justice J.B. Pardiwala and Justice Vijay Bishnoi issued notice in an appeal filed by the Competition Commission of India against the NCLAT's order dated October 30,...

Supreme Court Remands Flipkart Appeal Against NCLAT Order Prima Facie Finding It Preferred Certain Sellers

The Supreme Court of India on Tuesday sent back to the National Company Law Appellate Tribunal a case alleging abuse of dominance by Flipkart in favouring select sellers on its marketplace. The appeal filed by Flipkart challenges an NCLAT order dated March 4, 2020, which had set aside the closure of the case by the Competition Commission of India and held that the material on record disclosed a prima facie case of abuse of dominance warranting investigation. The NCLAT order was passed on an...

'What Is The User's Choice?' Supreme Court Questions WhatsApp's Privacy Policy In Appeal Against CCI Penalty

The Supreme Court of India on Tuesday warned Meta and WhatsApp that it would not allow the sharing of even “a single word” of user data with other Meta group companies, saying such practices cannot override citizens' right to privacy. “We will not allow you to share a single word of your data. How can you play with the right of privacy of the people like this” the court said, describing the policy as “a decent way of committing theft of private information.”The court was hearing appeals by Meta...

CCI Approves Tata Steel's Acquisition Of 50.01% Stake In Thriveni Pellets

The Competition Commission of India (CCI) has approved Tata Steel Limited's acquisition of 50.01% equity share capital in Thriveni Pellets Private Limited, holding that the transaction does not raise any appreciable adverse effect on competition in India, despite a limited horizontal overlap in the iron ore pellet market. The clearance allows Tata Steel to acquire a majority stake in Thriveni Pellets from Thriveni Earthmovers Private Limited. The transaction was notified under the...

CCI Approves Elliott-Managed Funds' Proposed Stake Purchase In Toyota Industries

The Competition Commission of India (CCI) has approved a proposal involving the acquisition of equity shares and voting rights in Toyota Industries Corporation by funds managed by US-based Elliott Investment Management. Under the approval, Elliott Associates L.P., Elliott International L.P. and The Liverpool Limited Partnership will acquire shares of Toyota Industries through on-market purchases on the Tokyo Stock Exchange and the Nagoya Stock Exchange. As the transaction involves the...

Supreme Court Refuses To Interfere With Kerala High Court Order Allowing CCI Probe Against Jiostar

The Supreme Court on Tuesday declined to interfere with a Kerala High Court ruling that permitted the Competition Commission of India (CCI) to investigate allegations that Jiostar India Private Limited abused its dominant position through discriminatory pricing in the Kerala cable television broadcasting market, even though the sector is regulated by the Telecom Regulatory Authority of India (TRAI). A bench of Justices J.B. Pardiwala and Sandeep Mehta dismissed a special leave petition filed by...

NCLAT Sets Aside CCI Order Clearing Chettinad Coal Terminal Of Abuse Of Dominance

The National Company Law Appellate Tribunal (NCLAT) at New Delhi on Thursday set aside a 2021 order of the Competition Commission of India (CCI) that had cleared Chettinad International Coal Terminal Private Limited of abusing its dominant position, holding that the regulator went wrong in defining the relevant geographic market. A bench of Judicial Member Justice Mohammad Faiz Alam Khan and Technical Member Naresh Salecha said the CCI expanded the market without properly accounting for how...

CCI Approves Combination Involving Bhushan Power, JSW entities And JFE Steel

The Competition Commission of India (CCI) on January 20 approved a proposed combination involving Bhushan Power and Steel Ltd, JSW Sambalpur Steel Ltd, JFE Steel Corporation and JSW Kalinga Steel Ltd. The approval relates to a multi-step transaction involving the transfer of Bhushan Power and Steel's steel business undertaking, and not the company itself, as well as the acquisition of a stake by a foreign partner. As part of the approved transaction, Bhushan Power and Steel's steel business...

Supreme Court Dismisses Byju Raveendran's Appeal Against NCLAT Order Mandating CoC Nod For BCCI's Plea To Withdraw CIRP

The Supreme Court on Friday dismissed an appeal filed by Byju Raveendran, suspended director and promoter of Think and Learn Private Ltd (which ran the Ed-Tech firm Byju's), challenging an order of the National Company Law Appellate Tribunal which held that the approval of the Committee of Creditors is necessary for the application filed by the BCCI to withdraw the insolvency proceedings against Byju's.A bench of Justice JB Pardiwala and Justice KV Vishwanathan dismissed the appeal....

Competition Commission Finds Basketball Federation Of India Prima Facie Liable For Abuse Of Dominance And Anti-Competitive Arrangements, Directs Investigation

Competition Commission of India (“Commission”) bench, comprising Ms. Ravneet Kaur (Chairperson), Ms. Sweta Kakkad (Member) and Mr. Deepak Anurag (Member) has passed a prima facie order directing an investigation against the Basketball Federation of India (“BFI”) for abuse of its dominant position and engaging in anti-competitive practices. Background Facts Elite Pro Basketball Private Limited (Informant) planned to launch a national 5x5 professional basketball league and signed around...