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Weekly Antitrust and Data Privacy Updates

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…

December 25, 2022 BananaIP Reporter Intellectual Property, IP and Antitrust/Competition, Privacy / Data Protection 0Comment 988Views 0Like

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Weekly Antitrust and Data Privacy Updates

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…

December 9, 2022 BananaIP Reporter Intellectual Property, IP and Antitrust/Competition, Privacy / Data Protection 0Comment 1016Views 0Like

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Weekly Antitrust and Data Privacy Updates

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…

October 30, 2022 BananaIP Reporter Intellectual Property, IP and Antitrust/Competition, Privacy / Data Protection 0Comment 1053Views 0Like

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Weekly Anti-trust and Privacy Updates

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…

September 23, 2022 BananaIP Reporter Intellectual Property, IP and Antitrust/Competition, Privacy / Data Protection 0Comment 833Views 0Like

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Weekly Anti-Trust And Privacy Updates

This week's Anti-trust and Privacy updates are as follows:- Tinder Files Case Against Apple Inc. for Anti-competitive Practices Tinder owner Match Group, filing a case against Apple Inc., has alleged abuse of dominant position. The Apple’s apps market poses barriers to developers by forcing use of its proprietary in-app purchase system along with a fee of upto 30%. The allegations in the case are similar to the ongoing case against Apple in the European Union. CCI Issues Notice to ZEE and…

September 8, 2022 BananaIP Reporter Intellectual Property, IP and Antitrust/Competition, Privacy / Data Protection 0Comment 978Views 0Like

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Weekly Anti-Trust and Privacy Updates

This week's Anti-trust and Privacy Updates are as follows: Karnataka High Court dismisses Intel’s Petition Challenging CCI’s Investigation Karnataka High Court, dismissing Intel’s challenge to CCI’s probe, imposed costs of Rs. 10L. In August 2019 CCI, investigating alleged abuse of dominant position by Matrix Info Systems, against Intel Corporation’s new warranty policy in India, found Intel in violation. Intel revising the warranty policy in India in 2019, provided warranty for boxed micro-processors only when bought from authorised sellers or distributors within…

August 26, 2022 BananaIP Reporter Intellectual Property, IP and Antitrust/Competition, Privacy / Data Protection 0Comment 683Views 0Like

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Weekly Anti-trust and Privacy Updates

This week’s anti-trust and privacy updates are as follows: Federal Court of Australia finds Google Inc. in Breach of Local Consumer Laws The Federal Court of Australia, in 2021, had found Google in partial breach of local consumer laws. Google was found to be misleading users about collection of personal data such as location via Android mobile devices. Google conceding to the charges has agreed to pay a $60 million fine to the Australian Competition and Consumer Commission. Disney Settles Anti-trust Suit…

August 18, 2022 BananaIP Reporter Intellectual Property, IP and Antitrust/Competition, Privacy / Data Protection 0Comment 856Views 0Like

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Weekly Anti-Trust And Privacy Updates

This week’s anti-trust and privacy updates are as follows: CCI Proposes Higher Scrutiny for Mergers and Acquisitions The CCI, in its Competition (Amendment) Bill, 2022 draft, proposed stringent rules of scrutiny on mergers and acquisitions in India. The regime presently requires the Companies to have a minimum threshold in assets or turnover in India to attract CCI scrutiny. This provides a loophole for Global Tech Giants with low assets and turnover in India to operate outside the scrutiny of CCI.…

August 10, 2022 BananaIP Reporter Intellectual Property, IP and Antitrust/Competition, Privacy / Data Protection 0Comment 815Views 0Like

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Weekly Anti-trust and Privacy Updates

This week’s anti-trust and privacy updates are as follows: CCI approves Axis Bank acquisition of Citi Corp The CCI, last week, approved Axis Bank’s Rs. 12,325 Cr. acquisition of Citi Bank NA and Citicorp Finance India Limited. Axis Bank, as per the deal, would be acquiring all of Citi’s consumer banking activities. Citi’s credit cards, personal loans and wealth management business would be transferred to Axis Bank. The acquisition is expected to close by September 2024. CCI approves Greenforest acquisition of stake…

August 3, 2022 BananaIP Reporter Intellectual Property, IP and Antitrust/Competition, Privacy / Data Protection 0Comment 1092Views 0Like

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Weekly Anti-Trust and Privacy Updates

This week’s anti-trust and privacy updates are as follows: NCLAT suspends Amazon’s investment in Future-coupons, upholding CCI’s decision. The NCLAT has ordered Amazon to pay 200CR INR in penalty for making false statements and material omissions in its disclosures regarding the acquisition of Future Coupons Group. The Appellate Tribunal has upheld that Amazon deliberately mislead the CCI by misrepresenting its acquisition as an expansion of the portfolio and consequently, suppressing its strategic interest in the Subsidiary Future Retail Ltd. CCI, in…

July 26, 2022 BananaIP Reporter Intellectual Property, IP and Antitrust/Competition, Privacy / Data Protection 0Comment 923Views 0Like

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Weekly Antitrust and Data Privacy Updates

Weekly Antitrust and Data Privacy Updates

Weekly Antitrust and Data Privacy Updates

Weekly Anti-trust and Privacy Updates

Weekly Anti-Trust And Privacy Updates

Weekly Anti-Trust and Privacy Updates

Weekly Anti-trust and Privacy Updates

Weekly Anti-Trust And Privacy Updates

Weekly Anti-trust and Privacy Updates

Weekly Anti-Trust and Privacy Updates

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