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IndiGo crisis: CCI takes cognisance after complaints; airline assures ‘completely stabilised’ operations | India News

IndiGo flight cancellations caused massive chaos at airports NEW DELHI: The Competition Commission of India (CCI) on Thursday stated that they have taken the complaints against IndiGo under consideration after wide=spread disruptions caused earlier this month, which included cancellation of hundreds of domestic flights.“The Competition Commission of India (CCI) has taken cognizance of Information filed…

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Competition law vs patent rights: NCLAT rules CCI has no power to probe patented product disputes; upholds case against Swiss drugmaker Vifor

The National Company Law Appellate Tribunal (NCLAT) has ruled that the Competition Commission of India (CCI) does not have the power to investigate disputes related to patented products, holding that the Patent Act takes precedence over the Competition Act in such cases, PTI reported.Dismissing an appeal against a CCI order that had closed a complaint…

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Paints consolidation: JSW Paints gets CCI nod for Rs 12,915 crore Akzo Nobel India deal; to become fourth-largest player

Fair trade regulator Competition Commission of India (CCI) has approved Sajjan Jindal-led JSW Paints’ plan to acquire a majority stake in Akzo Nobel’s India business in a Rs 12,915 crore transaction.JSW Paints had in June announced it would purchase a 74.76% stake in Akzo Nobel India for Rs 8,986 crore, followed by an open offer…

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