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  • Article

    SocieteGenerale Drops Appeal Against Euribor Benchmark Rigging After Fine Reduced By The European Commission (EC)

    Following an industry-wide investigation into how the euro-priced bank-to-bank lending rate was set, a settlement was reached whereby EC had imposed in total 1.7 billion euros of penalties on multiple financial institutions.
    European UnionAntitrust/Competition Law
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    CCI Approves Acquisition Of 49.86% Stake In Sabarmati Gas Limited (SGL) By PSU Petroleum Companies

    CCI, by its order dated February 10, 2016, has approved acquisition of 49.86% stake in SGL by Gujarat State Petroleum Corporation Limited; Gujarat State Petronet Limited; and Bharat Petroleum Corporation Limited.
    IndiaAntitrust/Competition Law
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    CCI Approves Amazon's 49% Stake Acquisition In Future Coupons

    The CCI on November 28, 2019, gave approval to Amazon subsidiary NV Investment Holdings' proposal to acquire stake in Future Coupons.
    IndiaAntitrust/Competition Law
    DSK Legal
    DSK Legal
  • Article

    CCI Approves Merger Of BNP Paribas Mutual Funds And Bank Of Baroda Mutual Funds

    The CCI on November 14, 2019 has approved the merger of BNP Paribas Mutual Fund and the Bank of Baroda Mutual Fund, the asset management wings of BNP Paribas ("BNPP") and Bank of Baroda ("BoB").
    IndiaAntitrust/Competition Law
    DSK Legal
    DSK Legal
  • Article

    CCI Approves Saudi Arabian Oil Company's Acquisition Of 70% Stake In Saudi Basic Industries Corporation

    The CCI also noted that while there were no existing vertical relationships, there were potential vertical links between the operations and products of parties
    IndiaAntitrust/Competition Law
    AZB & Partners
    AZB & Partners
  • Article

    CCI Closes Two Cases Against Reliance Industries Limited

    CCI by its order dated November 17, 2015 ordered dismissed allegations of violation of Section 4 of the Act, in an information filed by AnjaniSut Fuel (Informant) against Reliance Industries Ltd.
    IndiaAntitrust/Competition Law
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    CCI Directs Investigation Against Athletics Federation Of India (AFI) For Abuse Of Dominance

    CCI by its order dated March 16, 2016 has ordered detailed investigation against AFI for restricting organisation of marathons without permission for AFI.
    IndiaAntitrust/Competition Law
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    CCI Dismisses Allegations Against Punjab Medical Council And Omnicuris Healthcare Pvt. Ltd.

    On October 11, 2022, the CCI dismissed complaint filed by Medicos Legal Action Group Trust (‘Informant') alleging violations of Section 3 and Section 4 of the Competition Act...
    IndiaAntitrust/Competition Law
    AZB & Partners
    AZB & Partners
  • Article

    CCI Dismisses Allegations Of Anti-Competitive Practices Against Multiple Cinema Theatres

    On July 24, 2019, CCI dismissed allegations made by Unilazer Ventures Private Limited (‘Informant') of the infringement of Section 3 of the Act against PVR Limited, Inox Leisure Limited,...
    IndiaAntitrust/Competition Law
    AZB & Partners
    AZB & Partners
  • Article

    CCI Dismisses Allegations Of Contravention Of Section 3 And 4 Against Commissioner Of Department Of Excise

    On August 2, 2019, CCI dismissed the allegations made by United Breweries Limited (‘Informant') against the Commissioner, Department of Excise, Entertainment and Luxury Tax
    IndiaAntitrust/Competition Law
    AZB & Partners
    AZB & Partners
  • Article

    CCI Dismisses Excessive Pricing Allegations Against Delhi’s Max Hospital

    After a decade-long investigation into allegations of anti-competitive practices in Delhi's hospital sector, India's Competition Commission has delivered a landmark ruling on aftermarket abuse and excessive pricing. The case, which began with complaints about disposable syringe markups at Max Super Specialty Hospital, evolved into a comprehensive examination of pricing practices across 12 super specialty hospitals, ultimately establishing critical precedents for defining healthcare aftermarkets and applying
    IndiaAntitrust/Competition Law
    AZB & Partners
    AZB & Partners
  • Article

    CCI Issues Cease And Desist Order Against Eight Companies For Bid-Rigging In Tenders Of Indian Railways

    On October 11, 2022, the CCI accepted allegations of bid-rigging and cartel conduct against eight companies engaged in the manufacture and supply of axle bearings to the Indian Railways.
    IndiaAntitrust/Competition Law
    AZB & Partners
    AZB & Partners
  • Article

    Changes Brought In By The Competition Commission Of India (General) Amendment Regulations, 2024

    The Competition Commission of India ("CCI"), in exercise of its powers conferred by Section 36 and 64 of the Competition Act, 2002 (the "Act"), on May 10, 2024...
    IndiaAntitrust/Competition Law
    AKS Partners
    AKS Partners
  • Article

    COMPAT To Hear And Decide Appeals Only Against Order Passed By The Commission Under Section 53A (1) (A)

    COMPAT by its order dated July 4, 2016 upheld order passed by the Competition Commission of India wherein it refused to entertain an appeal challenging the order passed by the Director General.
    IndiaAntitrust/Competition Law
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    DHC Dismisses Petition Filed By Builders Association Of India, Against Denial Of Impleadment Order Of CCI

    On September 26, 2022, the DHC dismissed a writ petition brought before it by the Builders Association of India (‘Petitioner') challenging the Order passed by the CCI rejecting the Petitioner's prayer...
    IndiaAntitrust/Competition Law
    AZB & Partners
    AZB & Partners
  • Article

    NCLAT Dismisses Appeal Filed By Samaleshwari Automobiles Against Tata Motors Limited & Anr.

    On September 2, 2022, the NCLAT dismissed the appeal raised against CCI's Order dated February 3, 2022 (‘Order'), where information was filed by the Samaleshwari Automobiles (‘Appellant/Informant')...
    IndiaAntitrust/Competition Law
    AZB & Partners
    AZB & Partners
  • Article

    NCLAT Dismisses Appeal Filed By Sun Electronics Pvt. Ltd. Against Electek Solutions Pvt Ltd & Others

    On August 29, 2022, the National Company Law Appellate Tribunal (‘NCLAT') dismissed the appeal filed by Sun Electronics Pvt. Ltd. (‘Informant/Appellant')...
    IndiaAntitrust/Competition Law
    AZB & Partners
    AZB & Partners
  • Article

    NCLAT Dismisses Appeal Raised By People For Animals Against CCI & National Egg Coordination Committee & Others

    On September 8, 2022, the NCLAT dismissed the appeal raised against CCI and National Egg Coordination Committee (‘NECC'), upholding the CCI Order dated January 14, 2022...
    IndiaAntitrust/Competition Law
    AZB & Partners
    AZB & Partners
  • Article

    NCLAT Rejects Appeal Against BMW India Private Limited

    On November 25, 2019, NCLAT dismissed an appeal filed against an order of CCI dated May 30, 2018 which rejected allegations of abuse of dominance against BMW India Private Limited and BMW India Financial Services Private Limited.
    IndiaAntitrust/Competition Law
    AZB & Partners
    AZB & Partners
  • Article

    The CCI-Directs Investigation Into Indian E-Commerce Platforms

    The Competition Commission of India (CCI) has directed the Director General (DG) to conduct investigation into operation of e-commerce
    IndiaAntitrust/Competition Law
    STA Law Firm
    STA Law Firm

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