The Indian Competition Authority clears acquisition by a major Big Tech company of a minority shareholding in a company with whom it has a commercial agreement to develop new low-cost smartphones (Google / Jio Platforms)

The CCI cleared the acquisition by Google International LLC (Google) of approximately 7.73% of the equity share capital in Jio Platforms Limited (Jio Platforms), a subsidiary of Reliance Industries Limited (RIL). Google group entities also entered into a commercial agreement with Jio Platforms to collaborate and develop new low- cost smartphones and a customised operating system for such devices. In making its

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Authors

  • Shardul Amarchand Mangaldas (New Delhi)
  • Shardul Amarchand Mangaldas (New Delhi)
  • Shardul Amarchand Mangaldas (Mumbai)
  • Shardul Amarchand Mangaldas (New Delhi)
  • Shardul Amarchand Mangaldas (New Delhi)
  • Shardul Amarchand Mangaldas (New Delhi)
  • Shardul Amarchand Mangaldas (New Delhi)
  • Shardul Amarchand Mangaldas (New Delhi)
  • Shardul Amarchand Mangaldas (New Delhi)
  • Shardul Amarchand Mangaldas (New Delhi)

Quotation

Rohan Arora, Yaman Verma, Gauri Chhabra, Aparna Mehra, Manika Brar, Harman Singh Sandhu, Shweta Shroff Chopra, Naval Satarawala Chopra, John Handoll, Pallavi Shroff, The Indian Competition Authority clears acquisition by a major Big Tech company of a minority shareholding in a company with whom it has a commercial agreement to develop new low-cost smartphones (Google / Jio Platforms), 11 November 2020, e-Competitions Indian Competition Law in the Digital Markets, Art. N° 100484

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