Restaurant Association to approach CCI against 10-minute food delivery apps: Report
The NRAI alleges that this represents the operation of private labels by the companies, raising issues for restaurant partners.
The NRAI alleges that this represents the operation of private labels by the companies, raising issues for restaurant partners.
Meta has now informed the NCLAT that the CCI order has wide ramifications for the industry as a whole and therefore, an urgent hearing in the matter will be required.
The Competition Commission of India (CCI) has urged the Supreme Court to consolidate all the cases against e-commerce giants Amazon and Flipkart in the country to expedite the antitrust probe.
The Bollywood star’s involvement in the franchise as co-owner, alongside Dharmender Goel and Vipul Bansal, was announced at the Maharashtra State Lawn Tennis Association (MSLTA) on Saturday.
Zomato addressed the claims of the antitrust investigation by the Competition Commission of India (CCI) into its business practices, and called them “misleading”.
According to an official statement released by the Competition Commission of India, the case was initiated on the basis of a reference filed on behalf of the North-Western Railways.
Senior advocate Harish Salve, appearing for WhatsApp LLC, informed the court that CCI was insisting on response to notices despite the matter being pending before the courts and under judicial consideration.
Additionally, they run a systematic campaign to manipulate search results to divert sales of the bestselling products on its platform to its own product lines.
In the letter dated June 4, the CCI said Amazon hid factual aspects of the transaction by not revealing its strategic interest in Future Retail when it sought approval for the 2019 deal, the global news wire said.
It further noted that the acquirer is the investment fund of its controlling entity, Synergy Metals and Mining Fund I LP, which invests in the industrials, metals and power sectors globally.