NCLAT ruling confirms provisional penalty imposed on Google is final
Our Associate Partner Chandni Chawla in conversation with businessline shared that “While upholding the provisional penalty levied by CCI on Google as final, the NCLAT has dwelled into the rationale of relevant turnover as provided in the landmark decision of Excel Corp. Care."
Read MoreCompetition law: NCLAT ruling on effects analysis leaves CCI in a fix
On this move, our Associate Partner Kripi Kathuria in conversation with businessline shared that "the NCLAT, while departing from CCI’s position so far, has concluded that an analysis into the existence of discriminatory pricing and/or conditions needs to be undertaken to properly give effect to Section 4 of the Competition Act."
Read MorePlanetcast Media Services
Phoenix Legal advised Planetcast Media Services, a leading broadcast technology and media services provider in India and Southeast Asia on their strategic investment in Desynova, a cutting-edge, cloud-native Content life cycle Platform.
Read MoreGoogle scores partial victory in India antitrust matter.
Our Associate Partner Chandni Chawla shared with ETLegalWorld that, ‘This development and direction is in line with what the European Union (EU) had held and Google appears to be complying with it. The order will definitely boost tech companies and app developers who have now been given a level playing field.’
Read MoreNo FDI limit for OTTs brings clarity to broadcasters
Our Partner Pranav Srivastava in a conversation with LiveMint shared his thoughts on a recent MIB ruling, stating that the 26% foreign direct investment limit on digital media will not apply to OTT platforms streaming news. This decision will enable OTT platforms with FDI to increase their revenue stream by introducing live streaming of news and current affairs.
Read MoreNumber of foreign businesses exiting India surpass new entrants
On this, our co-founding partner, Sawant Singh in conversation with The Hindu shared that "A company may have been active in previous years and then shut down or become inactive in the said period.
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