Page 65 - Cci News Today

The draft regulations come at a time when some of the large technology players, including Google, Apple and Facebook, face probes by the competition regulator for possible abuse of fair trade rules. The CCI had slapped a fine of ₹1,337 crore on Google in October last year for allegedly misusing its dominant position in the Android ecosystem, which has now been challenged in the Supreme Court. However, this case may not be eligible for settlement now, said an expert.

EDITORIAL: ECP (Election Commission of Pakistan) has given a date for completion of fresh delimitation of national...

The Competition Commission of India (CCI) has levied a penalty of Rs 10 lakh on Cummins for failing to notify the regulator about the acquisition of sole control of Meritor. The transaction pertains to the acquisition of sole control of Meritor by Cummins by way of reverse triangular merger, where Rose NewCo Inc, a company newly incorporated by Cummins, merged with and into Meritor, and the latter survived as a directly wholly-owned subsidiary of Cummins, the CCI said in an order.

ISLAMABAD: Pakistan People’s Party-Parliamentarian (PPPP) Vice President Senator Sherry Rehman responded to the...

Ascent Group LLC increased its holdings in Crown Castle Inc. (NYSE:CCI – Free Report) by 12.4% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 12,140 shares of the real estate investment trust’s stock after acquiring an additional 1,335 shares during the period. Ascent Group LLC’s holdings in […]

New Delhi: The Indian selection panel, led by Ajit Agarkar, is likely to go for a 17-member squad for the upcoming Asia Cup in order to check out all

The transaction under consideration comprised acquisition of a 9.91 per cent stake in CSC e-Governance by Axis Bank and got completed in November 2020, the CCI said in an order.

For the transaction, Axis Bank was required to give notice to the fair trade regulator. However, it failed to do so, according to the order. "It is apparent that the acquisition of stake in CSC e-Governance by Axis Bank was neither solely as an investment nor can be considered to be in ordinary course of business.

Woodley Farra Manion Portfolio Management Inc. increased its position in shares of Crown Castle Inc. (NYSE:CCI – Free Report) by 1.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 22,716 shares of the real estate investment trust’s stock after buying an additional 390 […]

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