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Big Trouble for the Big Tech: EU investigates Amazon

[Saumya Raizada and Shreetama Ghosh are Editors at IRCCL.] In 2015, Forbes reported that, by the year 2020, about 1.7 megabytes of new information will be created every second for every human being on the planet. In 2019, the Forbes report does seem very canonical as not only is data constantly collected by companies - in the form of surveys at shops, for the creation of loyalty cards or even with each click that a user does - but it is also constantly processed and scrutinized by market players to understand consumer preference and behaviour. In turn, the market player having the most relevant data and using it to the disadvantage of others may be able to ruin the competitive landscape for

Update: CCI's Probe into Google: The Wave that Reached India

[This update has been brought to you by Saumya Raizada and Shreetama Ghosh, who are Editors at IRCCL.] The Competition Commission of India (CCI) recently launched a probe to investigate the abuse of dominant position by Google, the alleged act being imposition of unfair conditions on manufacturers, stemming from the information filed by the informants, Umar Javeed and Sukarma Thapar. The probe launched by the CCI is only one of the many antitrust cases to have been launched against Google Inc. around the globe, with the European Commission (EC) having recently imposed a hefty fine of €1.49 billion for its anti-competitive practices in online advertising in March 2019. The Global Clampdown T

Arbitrator's Power vis-a-vis Grant of Interest Pendente Lite: Supreme Court Settles the Law in I

[Rajarshi Singh is a student at National University of Study and Research in Law, Ranchi.] The Supreme Court of India (Court), recently, had an opportunity to decide whether an arbitrator can grant interest pendente lite in arbitration proceedings seated in India. This precedential judgment was delivered on February 7 2019 in the case of Jaiprakash Associates Limited v. Tehri Hydro Development Corporation India Limited (Jaiprakash). A three-judge bench comprising Justices A.K. Sikri, Abdul Nazeer and M.R. Shah heard the appeal filed against the judgment of the Delhi High Court wherein the Court quashed an arbitration award to the extent it granted interest to the present appellant, though be

A Shot in the Arm for the Online Gaming Community: Bombay High Court Rules in favour of Dream 11

[Dibya Behera is an Editor at the Indian Review of Corporate and Commercial Laws.] The Bombay High Court (Court) recently had an opportunity to decide whether the online fantasy sport game Dream 11 is a game of skill or a form of gambling/betting. Notably, Dream 11 is an online fantasy sport game that allows people to play various sports. Based in India, it attained the status of being the most famous online fantasy sports app during the Indian Premier League in 2019. Under the rules of the app, a person who wants to play is required to pay a certain amount to join the contest. Thereafter, he is supposed to select the players from the teams who have their upcoming matches. Subsequently, the

Update: EC Blocks Joint Venture between Tata Steel and Thyssenkrupp

[The following update has been brought to you by our Editor, Saumya Raizada.] The European Commission (EC) in a press release dated 11 June 2019 noted that it had blocked the merger of India’s largest steelmaker, Tata Steel and Thyssenkrup (a German MNC, also engaged in steel production). The proposed transaction was notified to the EC on 25 September 2018 and an in-depth investigation was opened on 30 October 2018. ThyssenKrupp is estimated to be the second largest producer of flat carbon steel in the EEA whereas Tata Steel is the third largest. The two companies are significant producers of metallic coated and laminated steel for packaging applications and of galvanised flat carbon steel

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