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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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Image accompanying article on weekly news updates for ecommerce and licensing.

Weekly Updates: E-Commerce and IP Licensing News

Weekly news updates for the E-commerce and Licensing domain. Google once again ventures into E-Commerce After previously having tried to follow Amazon’s model for an E-commerce platform and being unsuccessful, Google is once again keen on venturing into E-commerce services. Through its second take at launching an E-commerce platform, Google intends to mainly compete with Amazon, which has thrived by offering digital space to small retailers. However, Google will challenge Amazon’s market position by offering an alternative digital market space to…

June 2, 2022 BananaIP Reporter e-Commerce Law, Intellectual Property, IP Commercialization/Licensing, Uncategorized 0Comment 1346Views 0Like

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Latest Updates on Antitrust – May 2022

This is a rundown of last week’s news updates on Antitrust: CCI investigation into Whatsapp faces pushback The Competition Commission of India’s investigation into Whatsapp’s abuse of dominance in enforcing its new privacy policy that enabled the sharing of user data with business has hit a roadblock in Whatsapp’s belligerence against sharing information on its new privacy policy. Whatsapp has stated that it will withhold providing information on the same until the parliament passes the data privacy law. CCI has however…

May 30, 2022 BananaIP Reporter Intellectual Property, IP and Antitrust/Competition 0Comment 938Views 0Like

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Weekly Updates: E-Commerce and Licensing News

Weekly news updates for the E-commerce and Licensing domain. Amazon's Smart Commerce program Amazon has recently launched an initiative called Smart Commerce in India, to help small retailers and local shops to create their own digital stores, in addition to its existing E-commerce platform. This new initiative will also allow store owners to offer an in-store shopping experience to their walk-in customers. Through the Smart Commerce initiative, stores of any size can sign up to be a part of this program…

May 27, 2022 BananaIP Reporter e-Commerce Law, Intellectual Property, IP Commercialization/Licensing 0Comment 1100Views 0Like

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Latest Updates on Antitrust – February, 2022 – Part I

This is a rundown of last week’s news updates on Antitrust: CCI Imposes Heavy Penalties On 6 Tyre Manufacturers For Cartelization The Competition Commission of India, the country’s antitrust watchdog, recently passed a cease and desist order and imposed heavy penalties on Apollo Tyres, MRF, CEAT, JK Tyres, Birla Tyres and Automotive Tyre Manufacturers Association for cartelization. It was alleged that all the above-mentioned tyre manufacturers together controlled 90% of the tyre production in India and were engaged in price parallelism…

February 8, 2022 BananaIP Reporter Intellectual Property, IP and Antitrust/Competition 0Comment 1183Views 2Likes

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Latest Updates on Antitrust – December, 2021 – Part I

This is a rundown of last week's news updates on Antitrust: Apple denies abuse of dominance in Indian app market Tech giant Apple has sought the dismissal of a case filed against it by the Competition Commission of India (CCI) stating that it does not hold a dominant position in the Indian app market. It claimed that it holds a small share of 0-5% in the Indian app market which is dominated by Android creator Google which holds 95-100% of the…

December 23, 2021 BananaIP Reporter Intellectual Property, IP and Antitrust/Competition 0Comment 1137Views 0Like

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Latest Updates on Antitrust – November, 2021 – Part II

This is a rundown of last week's news updates on Antitrust: Google loses $2.8 billion as antitrust fine to EU Court The Luxembourg-based EU General Court has dismissed tech giant Google's effort to appeal a $2.8 billion antitrust fine for favouring its own shopping services in search results. The European Commission fined Google in 2017 for breaking competition laws. In addition to the fine, Google was ordered in 2017 to make modifications to the way it presents shopping search results, to allow…

November 18, 2021 BananaIP Reporter Intellectual Property, IP and Antitrust/Competition 0Comment 1102Views 0Like

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Latest Updates on Antitrust – October, 2021 – Part I

This is a rundown of last week’s news updates on Antitrust: Google asserts before EU General Court that $5 billion antitrust fine unfounded Tech giant Google had been fined by the European Commission, the EU’s antitrust regulator, on grounds that it had leveraged its Android operating system to fortify its dominant position in the internet search sector since 2011. Google’s submissions before the five-judge bench of the General Court were that the fine imposed was based on flawed calculations, on the…

October 6, 2021 BananaIP Reporter Intellectual Property, IP and Antitrust/Competition 0Comment 1210Views 0Like

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Latest Updates on Antitrust – September, 2021 – Part IV

This is a rundown of last week’s news updates on Antitrust: Google sues Competition Commission of India (CCI) over investigation leak Search engine giant Google has filed a writ petition against the CCI, the competition watchdog, over reports that a confidential report of the CCI’s investigation over Google’s practices in the Android smartphone sector was divulged to news outlets. The writ petition seeks a direction that the CCI act to prevent any further unlawful disclosures, submitting that Google itself had not…

September 27, 2021 BananaIP Reporter Intellectual Property, IP and Antitrust/Competition 0Comment 1311Views 0Like

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Latest Updates on Privacy – September, 2021 – Part IV

This is a rundown of last week’s news updates on Privacy: California Governor signs new data access law for gun owner information Governor Newsom recently signed into law Assembly Bill 173, which provides access to research centres information on gun owners, including personally identifiable information. The Bill names the California Firearm Violence Research Center at UC Davis as the nodal point for the receipt of gun owner information from the California Department of Justice (DOJ). The DOJ is also permitted to…

September 27, 2021 BananaIP Reporter Intellectual Property, Privacy / Data Protection 0Comment 1349Views 0Like

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Weekly Anti-trust and Privacy Updates

Weekly Updates: E-Commerce and IP Licensing News

Latest Updates on Antitrust – May 2022

Weekly Updates: E-Commerce and Licensing News

Latest Updates on Antitrust – February, 2022 – Part I

Latest Updates on Antitrust – December, 2021 – Part I

Latest Updates on Antitrust – November, 2021 – Part II

Latest Updates on Antitrust – October, 2021 – Part I

Latest Updates on Antitrust – September, 2021 – Part IV

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