This week's Antitrust and Data Privacy Updates are as below -
Google Appeals to NCLAT Over CCI Fines
Google, being fined Rs. 1337.76 Crore by CCI for its unfair trade practices, in an order in October, has filed an appeal to NCLAT. In October, CCI found Google guilty of abusing its dominant position in multiple markets in relation to android mobile devices. A Google spokesperson said that the decision to appeal is in line with Google’s understanding that the penalty by…
This week's antitrust and data privacy updates are as below -
Facebook warned by European Commission over Potential Antitrust Breach
The European Commission has issued a warning to the Facebook parent company, Meta, for abuse of its dominant position, and acting in breach of the EU Antitrust Laws. The Commission stated that Meta's actions about its online marketplace for classified advertising by connecting its dominant social network portal, Facebook to the Facebook Marketplace. As per the EC, this does not leave…
This week’s Antitrust and Data Privacy Updates are as below –
5th Edition of the EU-India Competition Week Inaugurated
The 5th edition of the European Union- India Competition Week was inaugurated on Monday by the acting Chairperson of CCI, Sangeeta Verma, and Seppo Nurmi, the Deputy Head of Delegation of the EU to India and Bhutan. As stated by the Deputed Head of the EU delegation, Competition week provides a forum for two major economies to debate antitrust action in digital…
This week's Antitrust and Data Privacy Updates are as below -
Mark Zuckerberg to testify before Federal Trade Commission Over Purchasing Within
Meta Platforms CEO, Mark Zuckerberg, is set to give his testimony in the case initiated by the Federal Trade Commission (FTC). The FTC has raised their objections to the purchase of the Virtual Reality (VR) content-making company, Within Unlimited. FTC argues that if this purchase by Meta is not blocked, it has the potential to create a monopoly in…
This week's Antitrust and Data Privacy Updates are as follows -
Google fined by CCI for Anti-Competitive Practices
In the decision by the Competition Commission of India, passed on 21 October 2022, the antitrust watchdog slapped Alphabet Inc., the parent company of the tech platform Google, with a $162 Million penalty. The CCI adjudged Google to have abused its dominant position in the market, in relation to the Android Platform in the smartphone market. The decision passed by the CCI restrains…
This week's antitrust and data privacy updates are -
Google to face more antitrust charges in the EU
In a streak of antitrust proceedings ongoing against Google in India, the U.S. tech company is potentially facing further charges before the EU Competition Commission. In a Reuters report, it was stated that the EU Commission is likely to be in the process of framing charges against Google, owing to the slow pace of the ongoing settlement with the company. Google has been…
This week’s anti-trust and privacy updates are as follows:
The UK ICO will fine TikTok £27 million for failing to protect children's privacy
TikTok, the viral video sharing app that is especially popular among young people, was found to have failed to safeguard children's privacy from 2018 to 2020, according to a UK ICO inquiry. Given the prolonged term and the seriousness of the crimes, TikTok may be liable for a £27 million punishment if this conclusion holds up. The anticipated…
This week's Antitrust Updates are as follows:
Optus Data Breach – Australian Government Blames the Company over the Breach
The Australian telecommunication giant, Optus, was the victim of a large data breach of over 10 million customers. The leaked data included personal details (home addresses, drivers’ licenses, passport numbers) of the customers. An anonymous account ‘optusdata’ appeared online claiming responsibility for the attack, and published data of over 10,000 customers online, with a demand for ransom. The Australian Government blamed Optus…
This week’s anti-trust and privacy updates are as follows:
CCI Approves Jio Cinema-Viacom18 Amalgamation
CCI, following investments of BTS Investment 1 Pte. Ltd. (BTS1) and Reliance Projects & Property Management Services Ltd. (RPPMSL), approves the merger of Jio Cinema OTT with Viacom 18 Media Pvt. Ltd. The amalgamation comes after major investments in April by Bodhi Tree Systems in Viacom 18, making Viacom 18 one of the largest TV and digital streaming companies in India.
CCI Investigation Finds India’s Largest Hospital…
This week’s anti-trust and privacy updates are as follows:
EU Upholds 4 Billion USD in Fines Against Google for Abuse of Dominant Position
The European Court fines 4 Billion USD for its anti-competitive practices. Google was found in violation of EU anti-trust laws, by manipulating the search results on its platform to promote its services, as well as imposing unlawful restrictions on the Android mobile manufacturers, with the intention to consolidate the dominant position of its search engine.
Ambry Genetics, Sued…