Today, on 3rd February, Six years after NCLAT ordered a probe against Flipkart, the Supreme Court set aside that ruling and remanded the matter to the appellate tribunal for fresh consideration.The Bench directed an independent review, excluding annulled income tax observations records.
Today, on 27th January, In a setback for JioStar, the Supreme Court refused to halt the Competition Commission of India’s probe into alleged abuse of dominance and discriminatory pricing in Kerala’s television distribution market, holding the investigation remains preliminary and must continue lawfully.
Apple has challenged India’s new competition law before the Delhi High Court, warning that penalties based on global turnover could lead to an unprecedented $38 billion fine. The tech giant argues the amended rules are unconstitutional and unfair, while the CCI insists they are necessary to curb anti-competitive practices.
The Supreme Court of India will reassess the Competition Commission of India (CCI) plea regarding the rejection of AGI Greenpac’s resolution plan for Hindustan National Glass and Industries Limited (HNGIL). Notices have been issued to stakeholders, with both AGI Greenpac and CCI seeking a fresh hearing due to concerns over competition and implementation issues.