The equipment and accounts receivable finance company Commercial Credit, Inc. (CCI) announced Monday (Dec. 27) it had acquired Keystone Equipment Finance Corp. According to a news release, Conneticut-based Keystone “provides small-ticket equipment financing, specializing in the transportation and construction related industries.” The deal will see...
Zomato, an India-based food delivery startup, is reportedly being investigated by regulators for its purchase of Uber Eats India, which could be seen as violating the nation’s anti-competitive rules, sources told MoneyControl.com. In March, as reported here, Uber sold its food delivery operation in India to Zomato for $206...
Budget hotel chain Oyo and booking platform MakeMyTrip are under investigation by Indian regulators over accusations that the two companies entered into an agreement to stifle competition, according to a report by the Financial Times. The Competition Commission of India (CCI) said there was “prima...
Google has been hit with a more than $21 million fine in India after being accused of “search bias” and abusing its position of power. “Google was found to be indulging in practices of search bias and by doing so, it causes harm to its...
April 04, 2022
Indian antitrust regulators from the Competition Commission of India (CCI) are looking into food delivery companies Zomato and Swiggy over allegations of the companies not being as neutral as they should be, Reuters wrote Monday (April 4). The report noted that the delivery firms may have breached platform neutrality and provided priority to exclusive contractors. […]
December 27, 2021
The equipment and accounts receivable finance company Commercial Credit, Inc. (CCI) announced Monday (Dec. 27) it had acquired Keystone Equipment Finance Corp. According to a news release, Conneticut-based Keystone “provides...
May 22, 2020
Zomato, an India-based food delivery startup, is reportedly being investigated by regulators for its purchase of Uber Eats India, which could be seen as violating the nation’s anti-competitive rules, sources...
October 30, 2019
Budget hotel chain Oyo and booking platform MakeMyTrip are under investigation by Indian regulators over accusations that the two companies entered into an agreement to stifle competition, according to a...
