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…
Kingfisher Airlines has been flying low in the news recently. It is a known fact that its founder Mr. Vijay Mallya has been labelled as a defaulter for being unable to repay loans taken from several Indian banks and being charged with money laundering. The entity, Kingfisher Airlines, owes close to INR 9000 crores, including interest to these banks. The company has not been able to payback its dues as it has become a defunct company. The banks, after an unsuccessful attempt…