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CCI gives nod to Dixon Technologies to acquire stake in Aditya Infotech AIL Dixon Technologies is a joint venture (JV) company between AIL and Dixon Technologies India. It is engaged in manufacturing and assembling of ESS In July, Dixon Technologies (India) announced its plans to divest its entire 50 per cent stake in the JV company AIL Dixon Tech to Aditya Infotech. Fair trade regulator CCI on Tuesday granted its approval to Dixon Technologies' proposal to acquire a stake in Aditya Infotech Ltd. Dixon Technologies (India) Ltd is involved in the business of providing Electronic Manufacturing Services (EMS). It provides EMS for lighting solutions, television, washing machines, security systems, wearables and hearables, among others. The regulator also cleared the acquisition of a stake in AIL Dixon Technologies by Aditya Infotech Ltd (AIL). "Commission approves the subscription of certain shares of Aditya Infotech Ltd (AIL) by Dixon Technologies (India) Ltd and the acquisition of certain shares of AIL Dixon Technologies Pvt Ltd by AIL," CCI said in a post on X. ©SHIRSENDU KARMAKAR #Dixon #CCI

CCI gives nod to Dixon Technologies to acquire stake in Aditya Infotech AIL Dixon Technologies is a joint venture (JV) company between AIL and Dixon Technologies India. It is engaged in manufacturing and assembling of ESS In July, Dixon Technologies (India) announced its plans to divest its entire 50 per cent stake in the JV company AIL Dixon Tech to Aditya Infotech. Fair trade regulator CCI on Tuesday granted its approval to Dixon Technologies' proposal to acquire a stake in Aditya Infotech Ltd. Dixon Technologies (India) Ltd is involved in the business of providing Electronic Manufacturing Services (EMS). It provides EMS for lighting solutions, television, washing machines, security systems, wearables and hearables, among others. The regulator also cleared the acquisition of a stake in AIL Dixon Technologies by Aditya Infotech Ltd (AIL). "Commission approves the subscription of certain shares of Aditya Infotech Ltd (AIL) by Dixon Technologies (India) Ltd and the acquisition of certain shares of AIL Dixon Technologies Pvt Ltd by AIL," CCI said in a post on X. ©SHIRSENDU KARMAKAR #Dixon #CCI

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CCI warns Disney, Reliance media merger could harm competition: Report Antitrust experts had warned the merger, announced in February, could face intense scrutiny, especially on the sporting rights issue India's antitrust body has reached an initial assessment that the $8.5 billion India merger of Reliance and Walt Disney media assets harms competition due to their power over cricket broadcast rights, four sources told Reuters on Tuesday. It is the biggest setback so far to the planned Disney-Reliance merger which aims to create India's biggest entertainment player which will compete with Sony, Zee Entertainment, Netflix and Amazon with a combined 120 TV channels and two streaming services. ©SHIRSENDU KARMAKAR #CCI

CCI warns Disney, Reliance media merger could harm competition: Report Antitrust experts had warned the merger, announced in February, could face intense scrutiny, especially on the sporting rights issue India's antitrust body has reached an initial assessment that the $8.5 billion India merger of Reliance and Walt Disney media assets harms competition due to their power over cricket broadcast rights, four sources told Reuters on Tuesday. It is the biggest setback so far to the planned Disney-Reliance merger which aims to create India's biggest entertainment player which will compete with Sony, Zee Entertainment, Netflix and Amazon with a combined 120 TV channels and two streaming services. ©SHIRSENDU KARMAKAR #CCI

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CCI denies interim order restricting Google from charging its service fee Google had argued that restricting it from charging a fee in the interim would virtually mean that the tech giant would have to provide its Playstore for free to developers in India The Competition Commission of India (CCI) on Wednesday declined an interim relief order that would restrain Google from levying service fees on app developers until a final decision is made by the regulator. The CCI also said the Director General (DG) would continue its investigation as ordered by the commission in its March 15 order. “The Commission is of the considered opinion that no case whatsoever has been made out by the informants which warrant the grant of interim relief. Resultantly, the applications stand dismissed,” said the CCI while rejecting the plea by app developers in its order. ©SHIRSENDU KARMAKAR #CCI

CCI denies interim order restricting Google from charging its service fee Google had argued that restricting it from charging a fee in the interim would virtually mean that the tech giant would have to provide its Playstore for free to developers in India The Competition Commission of India (CCI) on Wednesday declined an interim relief order that would restrain Google from levying service fees on app developers until a final decision is made by the regulator. The CCI also said the Director General (DG) would continue its investigation as ordered by the commission in its March 15 order. “The Commission is of the considered opinion that no case whatsoever has been made out by the informants which warrant the grant of interim relief. Resultantly, the applications stand dismissed,” said the CCI while rejecting the plea by app developers in its order. ©SHIRSENDU KARMAKAR #CCI

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CCI terms Google's Users Choice Billing system unfair, orders probe The Competition Commission of India (CCI) on Friday orderd probe into Google's Users Choice Billing (UCB) system practice over Play Store policies. CCI said that prima facie, Google had violated provisions of the Competition Act.  CCI has asked the director general to complete the investigation and submit a report within 60 days. In a note, CCI said, "In view of the foregoing, the Commission is of the prima facie view that Google has violated the provisions of Section 4(2)(a), 4(2)(b) and 4(2)(c) of the Act, as elaborated supra which warrants detailed investigation. Accordingly, the Commission directs the Director General ('DG') to cause an investigation to be made into the matter under the provisions of Section 26(1) of the Act. The Commission also directs the DG to complete the investigation and submit a consolidated investigation report within a period of 60 days from the date of receipt of this order." ©SHIRSENDU KARMAKAR #CCI

CCI terms Google's Users Choice Billing system unfair, orders probe The Competition Commission of India (CCI) on Friday orderd probe into Google's Users Choice Billing (UCB) system practice over Play Store policies. CCI said that prima facie, Google had violated provisions of the Competition Act.  CCI has asked the director general to complete the investigation and submit a report within 60 days. In a note, CCI said, "In view of the foregoing, the Commission is of the prima facie view that Google has violated the provisions of Section 4(2)(a), 4(2)(b) and 4(2)(c) of the Act, as elaborated supra which warrants detailed investigation. Accordingly, the Commission directs the Director General ('DG') to cause an investigation to be made into the matter under the provisions of Section 26(1) of the Act. The Commission also directs the DG to complete the investigation and submit a consolidated investigation report within a period of 60 days from the date of receipt of this order." ©SHIRSENDU KARMAKAR #CCI