The Competition Commission of India ruled that Big Tree Entertainment, operator of BookMyShow, holds a dominant position in online movie ticketing but did not abuse it under the Competition Act, 2002, dismissing rival Showtyme operator Vijay Gopal’s complaint.
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.
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.
