The Supreme Court today has dismissed a Public Interest Litigation (PIL) that sought to regulate internet prices. The apex Court, however, granted liberty to the petitioner to seek alternative statutory remedies. A bench led by Chief Justice Sanjiv Khanna and Justice Sanjay Kumar was hearing the PIL filed by Rajat. The petitioner had also made…
The Competition Commission of India (CCI) has granted approval to Google parent Alphabet’s arm Shoreline International Holdings LLC to acquire a stake in Walmart group firm Flipkart. The proposed transaction comprises investment through subscription of shares of Flipkart Private Limited by Shoreline International Holdings LLC; and an arrangement between an affiliate of Alphabet and Flipkart’s…
WhatsApp-parent Meta said that it disagrees with the Competition Commission (CCI) decision of imposing Rs 213 crore penalty. The CCI, on Monday, imposed a penalty of Rs 213.14 crore on the social media giant for unfair business ways with respect to WhatsApp privacy policy update done in 2021. As per a PTI report, a Meta…
NEW DELHI: In its first action of this kind against a social media platform, Competition Commission of India (CCI) on Monday ordered WhatsApp to stop sharing user data with other companies within the fold of its parent Meta, which has been slapped a fine of Rs 213 crore for abusing its “dominant position” following changes…
The Competition Commission of India (CCI) imposed a ₹213.14 crore ($25.6 million) penalty on Meta Platforms and ordered WhatsApp to implement specific behavioural remedies within a defined timeline, including a five-year ban on sharing user data with other Meta companies for advertising purposes.The antitrust watchdog ruled that WhatsApp’s mandatory data-sharing policy constituted an abuse of…
NEW DELHI: Competition Commission of India has reached an initial assessment that the $8.5-billion India merger of Reliance and Walt Disney media assets harms competition due to their power over cricket broadcast rights, four sources said Tuesday, according to Reuters.It is the biggest setback so far to the planned merger, which aims to create India’s…
