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AD PRICE COLLUSION
US SEC, Elon Musk defend 'compromise' settlement over Twitter purchasesMusk called the settlement a fair, adequate and reasonable resolution where "each side gave something up and each side gained something,"...
ONGC cancels jack-up rig tender over cartelisation fears, flags 60% spike in bid pricesState-run ONGC has cancelled a tender for jack-up rigs due to concerns over unusual price hikes and bid patterns, suspecting collusive prac...
Competition policy and regulatory tools must evolve to address emerging tech challenges: Niti Aayog member GaubaArtificial intelligence poses new competition risks, including algorithmic collusion and AI-driven entry barriers. NITI Aayog member Rajiv ...
CCI raids paper mills in antitrust probe over supplies to schools body, sources sayIndia’s antitrust regulator, the Competition Commission of India (CCI), has carried out nationwide raids at six paper mills over alleged pr...
Goa Institute of Management develops algorithm to tackle bias, collusion in ecommerceResearchers at the Goa Institute of Management have created a two-stage algorithm to foster fairness and transparency in digital marketplac...
After antitrust raids, Indian ad group warns against pricing coordinationFollowing antitrust raids in India, major ad agencies like GroupM, Dentsu, and Publicis are urging members to avoid WhatsApp communication ...
India's ad industry raids followed tip-offs under leniency scheme, sources sayIndia's antitrust raids on media buying agencies, triggered by submissions to a leniency scheme, targeted WPP's GroupM, Interpublic, Public...
India raids ad giants GroupM, Dentsu and broadcasters body over price collusion: Sources sayThe Indian antitrust body has conducted raids on the offices of global advertising agencies, including GroupM, Dentsu, and Interpublic Grou...
AI has potential to enable collusion; regulators need to adopt forward-looking approach: CCI chiefDelivering the special address at the 10th National Conference on Economics of Competition Law in the national capital, CCI chief Ravneet K...
India probe clears DHL, FedEx, UPS of price collusion allegations, document showsIndia's antitrust watchdog cleared DHL, UPS, and FedEx of price collusion allegations following a 2022 investigation. The Competition Commi...
CCI closes case of alleged manipulation of pulse prices; finds no evidence of cartelisationIn a 17-page order passed on Thursday, the watchdog said that on careful perusal of the report and considering the response of the opposite...
CCI raids Associated Alcohols, Som Distilleries in price fixing probeThe Competition Commission of India (CCI) officials were conducting search and seizure operations across several cities and the case is abo...
Top domestic pharma companies in US probe for price-fixingDomestic majors — including Sun Pharma, Lupin and Aurobindo Pharma — along with US biggies Sandoz, Pfizer and Mylan have been charged with ...
Indian antitrust watchdog raids Glencore business, others over pulse prices: SourcesCCI was investigating that the cos formed a cartel to fix prices of pulses while importing and selling them in India market at higher price...
US generics probe reveals startling detail of price fixing in Doxycycline and GlyburideA Bloomberg report said two executives of Heritage Pharma – the US arm of Indian drug maker Emcure - are preparing to plead guilty to price...
US probe against generic drugs overblown: ExpertsThe DoJ has in the past probed multinational drug companies for inappropriate marketing practices but the scale of investigations against t...
Veerappa Moily slams Arvind Kejriwal govt over FIR order; Gurudas Dasgupta hails moveDelhi govt's decision to order filing of an FIR against Moily, Murli Deora and Mukesh Ambani for alleged collusion to hike the prices of na...
- The Competition Commission of India seems to have erred in its action against cement firms
The order simply glosses over the ground reality of hardening demand during 2005-08 that led to marked capacity addition with a lag.
- We were unfairly debarred by the World Bank: Nestor President
Recent reports about World Bank’s ban on Satyam Computers and Wipro have brought to light the plight of other Indian companies that were ha...
- Oakland says to sue leading banks over collusion
The Californian city of Oakland said on Tuesday it would sue leading financial institutions.