Delhi High Court Puts Hold on Rs 10.35 Crore GST Demand Against CCI
3 Articles
3 Articles
Delhi High Court Puts Hold on Rs 10.35 Crore GST Demand Against CCI
Delhi High Court Puts Hold on Rs 10.35 Crore GST Demand Against CCI A temporary relief has provided by the Delhi High Court to the Competition Commission of India (CCI) by putting a stay on a Goods and Services Tax (GST) demand of Rs 10.35 crore. The court has stopped any further action until the […]
CCI finds evidence of collusion among global ad agencies on commission fees
India’s antitrust regulator, the Competition Commission of India (CCI), has found that several global advertising agencies allegedly coordinated on the commission fees charged to advertisers, according to a report by Reuters. The findings stem from an investigation launched earlier this year, which included raids in March on the Indian offices of four major advertising firms, WPP-owned GroupM, Interpublic, Publicis, and Dentsu, along with visits…
Global ad giants face CCI crackdown for colluding on fees: Reuters
New Delhi: India’s antitrust body, the Competition Commission of India (CCI), has found evidence that major global advertising agencies breached competition laws by colluding on commissions charged to advertisers, according to a Reuters story. The findings prompted surprise raids on these agencies and related industry bodies in March, shedding new light on an ongoing investigation into alleged anti-competitive practices in India’s rapidly growi…
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