CCI
CCI Imposes ₹142 Crore Penalty On HP India Resellers For Cartelisation In Product Supplies
On Monday, 13 July, the Competition Commission of India (CCI) imposed penalties exceeding Rs. 142 crore on HP India and several of its resellers after finding them guilty of cartelisation in the sale and supply of personal system products and printing supplies. In two separate orders passed under Section 27 of the Competition Act, 2002, the Commission imposed a penalty of Rs. 126.87 crore on HP India and approximately Rs. 1.22 crore on five resellers in connection with personal system products....
CCI Approves Merger Of 51 Malabar Group Companies Into Malabar Gold & Diamonds
The Competition Commission of India has cleared the proposed amalgamation of 51 companies belonging to the Malabar Group into its flagship entity, Malabar Gold and Diamonds Limited.In a press release issued on July 7, 2026, the CCI said the transaction involves the merger of 51 group companies into Malabar Gold and Diamonds Limited. It noted that the majority of the entities proposed to be merged are engaged in the jewellery business.The Commission further stated that Malabar Gold and Diamonds...
CCI Approves upGrad's Proposed Acquisition Of Stake In Unacademy Parent
The Competition Commission of India has approved the proposed acquisition of certain shareholding in Sorting Hat Technologies Private Limited, which operates Unacademy, and its subsequent merger with and into upGrad Education Private Limited.According to a press release issued on Tuesday, the transaction involves the acquisition of certain shareholding in Sorting Hat Technologies, followed by its merger with upGrad Education.The Commission noted that upGrad Education has direct and indirect...
CCI Closes Antitrust Complaint Against Nissan Over Dealership Termination
The Competition Commission of India (CCI) on Tuesday closed a complaint accusing Nissan Motor India Private Limited of anti-competitive practices in connection with the termination of a dealership agreement. It found no prima facie case that the company had entered into anti-competitive vertical arrangements or abused a dominant position. A coram of Chairperson Ravneet Kaur and Members Anil Agrawal, Sweta Kakkad and Deepak Anurag observed that the dealership cancellation was a standard...
Telangana High Court Dismisses Dr. Reddy's Plea Against CCI's Procedural Directions In Antitrust Probe
The Telangana High Court recently dismissed a writ petition filed by Dr. Reddy's Laboratories Limited challenging procedural directions issued by the Competition Commission of India (CCI) during an ongoing inquiry into alleged anti-competitive practices in the pharmaceutical distribution sector. Justice Nagesh Bheemapaka held that the impugned order merely directed the petitioner to file objections to the Director General's investigation report and furnish audited financial statements, without...
CCI Closes Bid-rigging, Abuse Of Dominance Case Against Godrej & Boyce
The Competition Commission of India (CCI) has closed allegations of bid rigging and abuse of dominance against Godrej & Boyce Manufacturing Co. Ltd. and several public procuring entities. It held that the similarity between tender specifications and Godrej's products, by itself, was not enough to establish collusion or anti-competitive conduct. A coram of Chairperson Ravneet Kaur and Members Anil Agrawal, Sweta Kakkad and Deepak Anurag passed the order. The Commission observed, "Even if...
CCI Approves Proposed Acquisition Of Royal Challengers Bengaluru Franchise By Aditya Birla-Led Consortium
The Competition Commission of India (CCI) on Tuesday approved the proposed acquisition of 100% shareholding in Royal Challengers Sports Private Limited, the company that owns and operates the Royal Challengers Bengaluru cricket franchise. The acquisition will be made by a consortium comprising Big Banyan Holdings, Bolt IPL Holdings, Times Internet Limited, Times Cricket LLP, ICQ Opportunities RC Holdco, Asia Investment Topco II and other investors with whom certain acquirers have entered into...
CCI Closes 14-Year Antitrust Case Against AIOCD, Cipla, Sun Pharma And Other Drugmakers
The Competition Commission of India (CCI) on Monday closed a 14-year-old antitrust case against the All India Organisation of Chemists & Druggists (AIOCD), Cipla, Sun Pharma, Dr. Reddy's Laboratories and several other pharmaceutical companies, holding that allegations of anti-competitive practices were not established. A coram of Chairperson Ravneet Kaur and Members Anil Agrawal, Sweta Kakkad and Deepak Anurag disagreed with the Director General's findings. It observed, “The Commission...
CCI Approves Honda Motor's Proposed Acquisition Of 21% Stake In Astemo From Hitachi
The Competition Commission of India on Tuesday approved Honda Motor Co., Ltd.'s proposed acquisition of 21% voting interest in Astemo Ltd from Hitachi Ltd.According to a press release issued by the Commission, the proposed combination involves Honda acquiring the stake in Astemo from Hitachi. Honda Motor, the flagship company of the Honda Group, is engaged in the manufacture and sale of automobiles, two-wheelers, power products, automotive components, and related research and development...
CCI Clears TVS Emerald, TVS Venu's Acquisition Of PGIM India AMC And Trustee Company
The Competition Commission of India has approved a proposed transaction involving the acquisition of PGIM India Asset Management Private Limited and PGIM India Trustees Private Limited by TVS Emerald Limited and TVS Venu Management and Consultancy Services Private Limited.According to a press release issued on Tuesday, the transaction envisages the acquisition of 100% of the issued, subscribed and paid-up share capital of the two PGIM India entities.TVS Emerald Limited, along with its...
CCI Rules Advance India Projects Limited Not Dominant in Gurugram Commercial Real Estate Market
The Competition Commission of India on Monday closed proceedings against real estate developer Advance India Projects Limited (AIPL), holding that the company does not prima facie appear to be dominant in the market for organised commercial real estate in Gurugram. The Commission therefore found that no case of abuse of dominant position was made out. A coram of Chairperson Ravneet Kaur and Members Anil Agrawal, Sweta Kakkad, and Deepak Anurag observed that AIPL had only seven projects...
CCI Finds Four Odisha Truck Associations Guilty Of Cartelisation, Orders Cease-And-Desist
The Competition Commission of India (CCI) on Tuesday held four truck owners' associations operating in Odisha's mining belt guilty of cartelisation and anti-competitive conduct for fixing freight rates and restricting independent transporters from carrying minerals from mining areas. It directed the associations to cease and desist from the practices and said the issue of monetary penalties would be considered separately after receiving their financial details. A coram of Chairperson Ravneet...