Competition Law Newsletter – February 2024

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• Competition Law
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Welcome to the DSK Legal Competition Law Newsletter February 2024 edition. February saw the Competition Commission pass its 25th order dismissing a complaint at the threshold since the new Chairperson took office in May 2023. In the same period one proceeding was closed contrary to the recommendation of the investigation report, and while two orders were passed under Section 27 finding a contravention, no monetary penalty was levied in either case. There have been no published orders initiating a fresh investigation into anti-competitive practices or abuse of dominance. These stats stand out amongst recent reports of MCA’s review of CCI’s perceived inaction (see https://www.thehindubusinessline.com/economy/fm-to-review-cci-performance-amidst-rising-concerns-of-regulatory-inaction/article67828126.ece and https://www.taxscan.in/mca-to-review-ccis-performance-amid-app-developers-allegations-against-google/373538/). In the latest edition of the DSK Legal Competition Law Newsletter February 2024 , we cover the recent updates in the competition law space in India, including:

High Courts of India

1. Madras High Court dismisses the appeals filed by the app developers against Google

Competition Commission of India

1. CCI clears PVR of preferential treatment charges;
2. CCI dismisses allegations of abuse of dominance against Ola electric, Vida, TVS & Ather;
3. CCI dismisses allegations of abuse of dominance levied against Kerala State Road Transport Corporation;
4. CCI approves the acquisition of –
   1. minority stake in Niva Bupa;
   2. additional stake in Vodafone by Emirates Telecommunication;
   3. Synthimed Labs by Ind Swift laboratories;

Other Developments

1. The CCI releases the Competition Commission of India (General) Amendment Regulations, 2024; and
2. CCI releases its Market Study on Mining Sector with a focus on Iron Ore.

We hope this is helpful and please feel free to revert in case of any clarifications.

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Disclaimer: The content provided in this newsletter is for informational purposes only and does not constitute legal advice.

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