Technology 

India’s online sellers to appeal against competition commission’s Flipkart ruling

The logo of Flipkart is seen on the company’s office in Bengaluru, India, May 9, 2018. REUTERS/Abhishek N. Chinnappa MUMBAI (Reuters) – A group representing online sellers in India will appeal against the Competition Commision of India’s (CCI’s) ruling in favour of Walmart-owned Flipkart, the group’s lawyer Chanakya Basa said in a release on Saturday. All India Online Vendors Association (AIOVA), which represents more than 3,500 online sellers, had complained that Flipkart was using its dominant position to favour select sellers. The CCI had rejected this argument in November. The…

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Criticism over Ringwood Megahome property competition

Image copyright Winamegahome.co.uk Image caption Mark and Sharon Beresford launched the Win a Megahome competition in March 2018. The owners of a £3m home have been criticised by entrants in a so-called property raffle draw to win it. Mark and Sharon Beresford offered their luxury home in Ringwood, Hampshire, as the prize but only sold about £750,000 worth of the £25 tickets. Entrants claimed the substitute £110,000 cash prize was too low. Mr Beresford said he “fully complied” with all laws and competition rules and that he had incurred “very…

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Technology 

Poste Italiane can withstand competition from Amazon: CEO

FILE PHOTO: Poste Italiane CEO Matteo Del Fante poses for a photo in Milan, Italy, February 27, 2018. REUTERS/Francesca Landini MILAN (Reuters) – Poste Italiane can weather competition from Amazon.com in its deliveries business, the chief executive of the former Italian postal services monopoly said on Friday. Last month the Italian government formally authorised the U.S. e-commerce giant to operate as a postal operator in the country through its subsidiaries Amazon Italia Logistics and Amazon Italia Transport. “They can compete with us on some segments, but Poste has got big…

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Defunct startup Sidecar sues Uber: ‘hell-bent on stifling competition’

SAN FRANCISCO (Reuters) – Defunct startup Sidecar Technologies Inc, which pioneered on-demand ride-hailing, is suing Uber Technologies Inc [UBER.UL], alleging it engaged in predatory pricing and anticompetitive practices that ultimately put Sidecar out of business. FILE PHOTO: Uber’s logo is displayed on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah Mckay/File Photo The lawsuit, filed in U.S. district court in San Francisco on Tuesday morning, claims “Uber became hell-bent on stifling competition from competing ride-hailing apps,” and used subsidies and made fake ride requests to competitors in a…

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French competition watchdog investigates IT services sector

PARIS (Reuters) – Several French IT companies have been searched on suspicion of anti-competitive practices, the country’s competition watchdog said on Friday. The regulator did not name any of the companies that were targeted but said they were active in the fields of IT services, consulting, engineering and software. “At this point, these searches obviously do not prejudge the guilt of the companies and organizations that are concerned by these suspected practices…”, the regulator said. France has a number of large IT and consulting groups, including Alten, Altran, Assystem, Atos,…

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Technology 

India’s competition commission rejects price-fixing allegations against Uber and Ola

A policeman drinks tea in front of Ola’s office in Mumbai, India October 29, 2018. REUTERS/Francis Mascarenhas NEW DELHI (Reuters) – Ride-sharing firms Uber and Ola did not break price-fixing rules, the Competition Commission of India (CCI) said in a ruling issued late on Tuesday in response to a complaint about their technological pricing strategy. A case brought by a private individual against the holding companies of the two firms claimed that their algorithmic pricing model “takes away the liberty of individual drivers to compete with each other and thus,…

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Flipkart and Amazon not abusing market position in India: competition commission

NEW DELHI (Reuters) – Amazon and its rival in India, the Walmart-owned Flipkart, did not break regulations through their selection of merchants and brands, the Competition Commission of India (CCI) said in a ruling late on Tuesday. FILE PHOTO: An employee of Amazon walks through a turnstile gate inside an Amazon Fulfillment Centre (BLR7) on the outskirts of Bengaluru, India, September 18, 2018. REUTERS/Abhishek N. Chinnappa/File Photo The decision is a defeat for a lobby group representing thousands of online sellers in India. A case brought by the All India…

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Uber to appeal Singapore’s competition watchdog decision on Grab deal

SINGAPORE (Reuters) – Uber Technologies Inc has decided to appeal a decision by the Singapore competition regulator that its merger with regional rival Grab violated the city-state’s competition laws, the firm said on Monday. FILE PHOTO: A view of Uber and Grab offices in Singapore March 26, 2018. REUTERS/Edgar Su/File Photo Last month, Singapore slapped ride-hailing firms Grab and Uber with fines and imposed restrictions on their operations open up the market to competitors, after concluding that their merger had driven up prices. It fined Grab S$6.42 million ($4.7 million)…

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In pictures: Army Photographic Competition 2018

Image copyright Cpl Tom Evans / MOD A stunning photo of a helicopter hovering above a soldier has been named best overall image in the Army Photographic Competition 2018. Guardian Angel was captured by army photographer Cpl Tom Evans, who was also named photographer of the year for his professional portfolio of images portraying military life during the past 12 months. “Being a photographer is the best job in the army,” says Cpl Evans, who is based in Brecon, Powys. “I get to see the whole army, every trade and…

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Aldi and Lidl included in Sainsbury’s-Asda competition probe

Image copyright Getty Images Regulators will widen their investigation into Sainsbury’s planned merger with Asda to take account of the rapid rise of Aldi and Lidl. The Competition and Markets Authority will also assess the rise of online firms in its probe of a deal that would create the UK’s largest grocer. The ongoing rise of Aldi and Lidl was underlined on Tuesday as they continue to win a bigger slice of the UK market. Tesco, Sainsbury’s and Asda all lost out, Kantar Worldpanel data showed. There had been speculation…

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