Competition Commission of India Current Affairs, GK & News
The Competition Commission of India (CCI) is a statutory body of the Government of India which has been made responsible to enforce the Competition Act, 2002 in India. It also aims to prevent all unfair trade activities that have an adverse effect on competition in India. Why was the CCI formed? After the economic liberalization ..
The United States Justice Department recently sued Google alleging the company of illegally abusing it in the internet search. According to the department, Google is illegally using its dominant position in the internet market to advertise deals. Highlights The US government also alleges that Google has contracts with giant smartphone makers. These smartphone makers use ..
Category: Legal & Constitution Current Affairs
E-commerce giant Amazon is going to face a legal battle as an anti-trust case has been filed with the Competition Commission of India against Amazon India by a group of about 2,000 online sellers. Issues The members of the All India Online Vendors Association, who sell goods on e-commerce sites like Amazon and Flipkart, accused ..
Asian Paints will be probed for allegedly stopping the entry of JSW Paints by virtue of it’s in the market. The probe has been ordered by the CCI (Competition Commission of India). The order was passed after JSW Paints filed a complaint against Asian Paints. It is known that Asian Paints had threatened dealers across ..
With a view of a better understanding of the function of e-commerce and its inferences for markets & competition in India, The Competition Commission of India (CCI) delivered a report named `Market Study on E-commerce in India: Key Findings and Observations’ today, on 8th January 2020. Its objective is to identify obstacles emerging from e-commerce ..
The Competition Commission of India was established on 14th October 2003 under the Competition Act 2002. The Competition Act 2002 was passed by the parliament to prevent activities that may lead to an appreciable adverse effect on competition between companies, Industries in India. Following approvals were made by the competition commission of India on Friday, ..
Category: Economy & Banking Current Affairs