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The Latest Breaking News from CCI

Zee-Sony merger: Groups agree to sell 3 Hindi channels to address anti-competition concerns

NEW DELHI: Media groups Sony and Zee have voluntarily agreed to sell three Hindi channels -- Big Magic, Zee Action and Zee Classic -- to address possible anti-competition concerns arising out of their proposed mega-merger deal.

The Times of India

Google Fined $162 Mn by Indian Watchdog over Market Dominance

Google has been fined more than $160 million by India's anti-trust watchdog after a probe found the tech behemoth was abusing its commanding position in the local smartphone market. The California-based company's Android mobile operating system is by far the dominant player in India and is run on 95 percent…

Asharq Al-Awsat

Zee Entertainment gets shareholders' nod for merger with Sony

NEW DELHI: Zee Entertainment Enterprises Ltd (ZEEL) on Friday said its shareholders have approved the proposal to merge with the rival Culver Max Entertainment Pvt Ltd, formerly known as Sony Pictures Networks India (SPNI).

The Times of India

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CCI directs 8 MSMEs to cease and desist from unfair business practices

NEW DELHI: The Competition Commission on Tuesday directed eight firms and some of their officials to cease and desist from unfair business practices but refrained from imposing penalties on them in a case related to cartelisation in bidding for an Indian railways tender.

The Times of India

Govt. proposes 434 cotton purchase centres this season

HYDERABAD

The Hindu

CCI orders another probe against Google

NEW DELHI: The Competition Commission has ordered another detailed probe against Google for alleged unfair revenue sharing terms with respect to news content.

The Times of India

Competition Commission gives conditional approval to Sony-Zee merger deal

NEW DELHI: The Competition Commission of India on Tuesday approved with certain conditions the mega-merger deal between media groups Sony and Zee.

The Times of India

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What’s new for this Navratri? My grandmother’s doll

As Navratri festivities resume after two pandemic years, people are tracking down and restoring vintage dolls. We travel through galleries, museums and Moore Market in Chennai to find out why

The Hindu

CCI rejects ISWAI plea against AP Beverages

VIJAYAWADA

The Hindu

New hand-crafted hospital garden smoke-free signs point the way to a healthier lifestyle

They were unveiled by NHS Lanarkshire's Quit Your Way team.

Daily Record

Politicians laud Lanarkshire charity following 'fantastic' visit

MSP Colin Smyth and Clydesdale North councillor, Catherine McClymont, recently visited Clydesdale Community Initiatives.

Daily Record

Sony-Zee merger can hurt competition, more scrutiny needed, says Competition Commission of India

With 92 Zee channels in India and Sony’s global revenue of $86 billion, CCI said the deal would place the combined entity in a ‘strong position’

The Hindu

Competition watchdog may get in the way of proposed Zee-Sony merger

The Competition Commission of India has sent a notice to Sony and Zee networks over the possibility of their proposed India merger hurting competition through “unparalleled bargaining power”, according to a Reuters report.

Newslaundry

Buy These 2 Diversified REITs Before They Boom

Amid heightened market uncertainty, Real Estate Investment Trusts (REITs) have been gaining investors’ attention because of their resilience. They are considered safe investments in uncertain times, as they need to pay at least 90% of their taxable income as dividends. Also, REITs provide natural protection against inflation. Thus, it could…

StockNews.com

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The Hindu

HC imposes ₹10 lakh cost on Intel for hastily rushing to court against investigation ordered by competition watchdog

CCI had in 2019 ordered investigation on company’s ‘India-specific warranty policy’ for boxed microprocessors

The Hindu

Delhi High Court rejects WhatsApp, Facebook appeals against CCI probe

The Bench tells them to approach Competition Commission of India for any relief.

The Hindu

Andhra Pradesh: WD&CW, CWC, CCI officials pulled up for death of tribal girl

Officials of APSCPCR verify records, dormitories at Chiguru Home

The Hindu

Morning Digest | At UNSC, India asks nations to respect each other’s territorial integrity; Daily COVID-19 cases in India fall below the 10,000 mark, and more

Here’s a select list of stories to read before you start your day

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The Hindu

Top tech executives to depose in front of Parliamentary Panel

Officials from Amazon, Twitter, Netflix, Google, Apple and Microsoft summoned on the subject of ‘anti-competitive practices’ in the digital market

The Hindu

Anti-competitive practices: Apple, Google, Netflix, Amazon India executives to depose before Parliamentary panel on Tuesday

In recent times, there have been complaints about alleged anti-competitive ways of various technology platforms and firms

The Times of India

WhatsApp has not abused dominant position in India, rules NCLAT

NEW DELHI: The NCLAT has set aside a petition and upheld a 2017 CCI order that dismissed a complaint of predatory pricing against instant messaging platform WhatsApp.

The Hindu

Two Bills introduced in the Lok Sabha including Bill to amend competition law

Competition (Amendment) Bill also seeks a limitation period of three years for filing information on anti-competitive agreements and abuse of dominant position before the CCI

The Hindu

Competition issues | Paytm, Oyo and Zomato founders among tech firms officials to meet parliamentary panel

Competition Commission of India is already probing various cases, especially in the digital space, following complaints of alleged unfair business practices

StockNews.com

3 REITs to Pay Close Attention to the Second Half of 2022

With inflation at its 40-year high and the Fed’s persistent efforts to control it, the market volatility is not expected to ease anytime soon. However, REIT stocks are historically known to provide a steady income stream through dividends. Therefore, investing in quality REIT stocks Alliance Global Group, Inc (ALGGY), Crown…

StockNews.com

3 Large-Cap REIT Stocks to Add to Your Portfolio

Since growing concerns over a potential recession due to the Fed’s aggressive interest rate hikes could keep the overall stock market highly volatile in the near term, REITs Crown Castle (CCI), Equinix (EQIX), and Weyerhaeuser (WY) could be good additions to your portfolio for generating a steady income stream. Continue…

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