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ANTITRUST VIOLATION
CCI orders probe into Mrs India Inc for alleged breach of competition rulesThe Competition Commission of India has ordered a probe into Mrs India Inc for alleged abuse of its dominant position. The beauty pageant o...- Authorities allege Pernod Richard withheld Scotch composition, age in effort to pay lower tariffs under $314 mln refund caseIndian tax authorities are in a legal fight with Pernod Ricard. Investigators claim the French company hid the true value of Scotch whisky ...
- US DoJ drops charges against Adanis, othersUS authorities have dropped criminal charges against Gautam Adani and Adani Group executives. This follows a 19-month investigation. The co...
- Quote of the day by John D Rockefeller: 'If you want to succeed you should strike out on new paths, rather than...' Life lessons on success, hard work and human nature by American industrialist and philanthropistQuote of the day by John D Rockefeller talks about taking new paths to achieve success instead of following accepted methods. The quote exp...
- CCI levies Rs 50 lakh penalty on Manipal Group for not disclosing stake hike in Aakash Educational ServicesThe Competition Commission of India has fined Manipal Group Rs 50 lakh. This penalty is for not disclosing stake increases in Aakash Educat...
- India orders antitrust probe into liquor giant Pernod's dealing with retailersIndia's competition watchdog has launched a probe into French liquor giant Pernod Ricard. Allegations suggest exclusive deals with retailer...
- CCI orders antitrust probe into liquor major Pernod Ricard, seven othersThe Competition Commission of India (CCI) has ordered an investigation into French liquor major Pernod Ricard over allegations that it ente...
- PlayStation users could get cash or wallet credits as $7.85 million class settlement advances - check who is eligible, how to claim and how much you may getPlayStation $7.85 million settlement explained: A major legal battle involving Sony PlayStation and millions of gamers is nearing its end. ...
- Brazil regulator approves deeper probe into Google's news content useCADE's members backed a proposal from its interim chief Diogo Thomson de Andrade to return the case to its general superintendence for for...
- Zomato drops pricing clause after pushback, source saysEternal's Zomato app has 24 million consumers and 300,000 listed restaurants. As demand for food delivery boomed, Eternal shares have more ...
- Elon Musk scorned "shady" loopholes, yet offshore tax tricks likely saved Tesla hundreds of millionsTesla has reportedly saved over 400 million dollars on US taxes. This was achieved through a financial maneuver involving its units in the ...
- Google sued by rival app store Aptoide over alleged monopolyBased in Lisbon, Aptoide brands itself "the alternative Android app store," with about 436,000 apps in its catalogue and more than 200 mill...
- US FTC in settlement talks with ad companies in boycott probe, WSJ reportsThe US Federal Trade Commission is in talks with major advertising firms. The discussions aim to settle a probe into potential antitrust la...
- Japan watchdog accuses Google of antitrust violationJapan's Fair Trade Commission is poised to declare Google in violation of antitrust laws, ordering the tech giant to cease monopolistic pra...
- CCI probe finds Zomato, Swiggy breached antitrust laws, documents showZomato entered into "exclusivity contracts" with partners in return for lower commissions, while Swiggy guaranteed business growth to certa...
- Ecommerce firm Shopee to adjust services in Indonesia after antitrust violationStefanno Sulaiman's report emphasizes Shopee's compliance and market leadership in Indonesia's e-commerce sector. Edited by John Mair and L...
- Amazon faces an array of US consumer, state antitrust lawsuitsUS regulators have been probing Amazon.com and other Big Tech companies for antitrust violations and the FTC has long been expected to take...
- Cos may have to cough up steeper penalties for antitrust violationsCurrently, the Competition Commission of India (CCI) imposes a penalty up to 10% of a company's average turnover in the relevant market. Th...
- No fine on MSMEs for antitrust violations, just a warningWhile the regulator has stepped up the ante against large firms involved in antitrust violations by imposing steep fines, MSMEs are not bei...
- Zydus drags Teva to court for antitrust violationsZydus Cadila, an Ahmedabad-based pharmaceutical company, has taken Teva Pharmaceuticals, the world’s largest generic drug maker, to court i...
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