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The Latest Breaking News from CCI

HP hit with massive 1.4 billion rupees fine for running 'cartel' of ink cartridges, toner, PCs in India

HP found guilty of manipulating Indian government tenders to secure major contracts, received 1.42 billion rupees in fines.

TechRadar

CCI junks complaint against Reliance Jio Infocom, others

The Competition Commission of India (CCI) has dismissed a complaint against Reliance Jio Infocom Ltd and over 4,500 companies, citing a lack of evidence to support allegations of anti-competitive conduct. The complainant accused firms across telecom, logistics, GeM procurement, energy, FMCG, and healthcare of cartelisation and abuse of dominance.

The Economic Times

CCI finds laptop maker HP rigged bids, levies Rs 14.28 crore penalty

The Competition Commission of India imposed a Rs 14.28 crore penalty on HP India and its resellers. This action followed findings of cartelisation in the sale and supply of print hardware consumables. HP India received a Rs 11.98 crore fine, while resellers collectively paid Rs 2.30 crore. The regulator also…

The Economic Times

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NCLT to admit case only if debt, default established: Insolvency & Bankruptcy (Amendment) Act

New Delhi: Legal experts highlighted that the Insolvency and Bankruptcy (Amendment) Act 2026 mandates 'debt' and 'default' for NCLT case admission. The amended act introduces phased resolution plan approval, restored CIRP before liquidation, and bars resolution professionals from acting as liquidators. Competition law saw a surge in merger control cases,…

The Economic Times

Apple Says India's Antitrust Case Was Built by 'Copying' Competitors' Complaints

Apple has sharply escalated its legal fight with India's antitrust regulator, accusing investigators of "copy-pasting" allegations made by rival companies rather than conducting an independent investigation into the iPhone maker's App Store practices.

International Business Times

Crown Castle's Quarterly Earnings Preview: What You Need to Know

Crown Castle is set to release its second-quarter results soon, with analysts predicting a single-digit decrease in the company's earnings.

Barchart

Apple accuses CCI investigators of 'copy-pasting' rivals' claims in antitrust investigation

Apple has accused Indian antitrust investigators of merely copying rivals' claims without independent analysis in its competition law probe. The tech giant argues the findings are flawed and calls for them to be quashed, citing a lack of opportunity to present its case. This marks a significant escalation in Apple's…

The Economic Times

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CCI clears Honda's proposal to acquire additional 21% stake in Astemo

Japan's Honda Motor Co. has received a green light from the Competition Commission of India (CCI) to acquire an additional 21% stake in automotive components maker Astemo from Hitachi. This move will transform Astemo into a consolidated subsidiary of Honda. The deal, announced last December, will see Honda's ownership increase…

The Economic Times

CCI clears TVS Group's acquisition of PGIM India AMC, Temasek-Romsons deal

India's fair trade regulator CCI has given the green light for TVS Group entities to acquire PGIM India Asset Management. The regulator also cleared Temasek's investment in medical devices maker Romsons Group. These approvals pave the way for significant business consolidations in the financial and healthcare sectors. The deals involve…

The Economic Times

CCI approves Kedaara Capital's Rs 750 crore stake purchase proposal in Axis Finance

India's competition watchdog has given the green light for Kedaara Capital to invest Rs 750 crore in Axis Finance. This marks a significant primary capital raise for Axis Finance, its largest to date. It is also the first time the non-banking financial company has secured funding from an external investor.

The Economic Times

Is Crown Castle Stock Underperforming the Dow?

While Crown Castle has underperformed relative to the Dow over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

Barchart

Apple agrees to submit India financials in long-pending antitrust case

The case is Apple's most high-profile regulatory headache in India, a key growth market where it has rapidly expanded iPhone production as it diversifies beyond China. The iPhone accounts for 9% of India's smartphone market, from about 2% five years ago, according to Counterpoint Research data.

The Economic Times

India antitrust body targets beauty pageants with scrutiny of Mrs India Inc

India's competition watchdog is probing Mrs. India Inc. The beauty pageant organizer faces accusations of abusing its market position. Participants are reportedly bound by restrictive contract terms. These include long-term bans on other pageants and professional assignments. The investigation was triggered by a complaint from a runner-up. Mrs. India Inc…

The Economic Times

SC allows Amazon's appeal, sets aside order imposing Rs 202 crore penalty

The Supreme Court has relieved Amazon by setting aside a Rs 202 crore penalty. The apex court also suspended the e-commerce giant's deal with Future Coupons Pvt Ltd. This decision overturns a previous order by the National Company Law Appellate Tribunal. The Competition Commission of India's order imposing the penalty…

The Economic Times

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The Economic Times

SC quashes CCI’s Rs 202 crore penalty on Amazon over Future Coupons deal

The Supreme Court has overturned a Rs 202-crore penalty imposed on Amazon by the Competition Commission of India. This penalty was related to Amazon's 2019 investment in Future Coupons. The CCI had alleged that Amazon suppressed information during the approval process. This development follows a mutual settlement between Amazon and…

The Economic Times

NCLAT rejects pleas against Kerala's liquor procurement agency; upholds CCI order

The Appellate Tribunal NCLAT has upheld a decision by the fair trade regulator CCI. The CCI had closed a complaint alleging abuse of dominant position by Kerala's state-owned liquor procurement agency, KSBC. NCLAT found no concrete evidence of anti-competitive conduct. The tribunal dismissed an appeal filed by industry bodies.

The Economic Times

Competition watchdog flags treatment pricing issues at private hospitals in Delhi-NCR

The Competition Commission of India observed that patients in Delhi-NCR super-speciality hospitals often depend on in-house services, creating a "locked-in" effect. While diagnostic tests were found costlier than market averages, proceedings against Sir Ganga Ram Hospital were closed due to insufficient evidence of abusing a dominant position.

The Economic Times

CCI approves stake purchase in Burger King India operator by Lenexis consortium

The Competition Commission of India has given its approval for a partial ownership acquisition in Restaurant Brands Asia Limited. This deal involves a consortium led by Lenexis Foodworks Private Limited. The acquisition will occur through various steps including equity and warrant subscriptions, and an open offer. Restaurant Brands Asia operates…

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The Economic Times

CCI okays Blackstone, other investors' proposal to acquire stake in AI firm Neysa Networks

India's competition regulator CCI has approved a deal. Blackstone-backed funds and other investors will acquire a stake in Neysa Networks. This AI acceleration cloud provider recently raised $1.2 billion. Neysa is set to scale up its operations. The company plans to deploy over 20,000 GPUs in India. This move supports…

The Economic Times

Indian court tells Apple to 'cooperate' in antitrust case

An Indian court has ordered Apple to fully cooperate with antitrust investigators regarding its iPhone app market practices. The Delhi High Court rejected Apple's plea to halt the case, emphasizing cooperation while delaying a final order until July 15.

The Economic Times

Apple seeks relief from amended Competition Act; Delhi High Court pauses CCI final order

The Delhi High Court has directed the Competition Commission of India to hold off on issuing a final order against Apple until July 15. This comes as Apple challenges a new law allowing penalties based on global turnover. The court wants to avoid making Apple's petition irrelevant before its own…

Barchart

Crown Castle Stock: Is Wall Street Bullish or Bearish?

Crown Castle has underperformed the broader market over the past year, but analysts are cautiously optimistic about the stock’s prospects.

The Guardian - US

As household bills soar, is it time for a ‘working-class climate agenda’?

Group that worked with AOC and Bernie Sanders seeks to counter claim that climate policy is politically toxic

Barchart

Crown Castle's Q1 2026 Earnings: What to Expect

Crown Castle will release its first-quarter earnings soon, and analysts anticipate a low double-digit FFO dip.

Barchart

Is Crown Castle Stock Underperforming the Nasdaq?

Crown Castle has underperformed the Nasdaq over the past year, but analysts are moderately optimistic about the stock’s prospects.

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