Tag: Antitrust
ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation
ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...
MeitY Proposes Continuous Labelling for AI‑Generated Content
The Ministry of Electronics and Information Technology (MeitY) has proposed that all content generated with the help of artificial intelligence carry a continuous and clearly visible label alerting users that the material has been synthetically created. The draft amendment to the Information Technology Rules (Intermediary Guidelines and Digital Media Ethics Code), 2021 requires that the labelling must remain on display for the entire duration...
NCLAT Upholds CCI Verdict on Google, Cuts Fine to ₹216 Cr
In a significant development for India’s digital economy and competition landscape, the National Company Law Appellate Tribunal (NCLAT) on Friday upheld key elements of...
India’s CCI Probes 35 Cartel Cases Across Key Sectors
The Competition Commission of India (CCI) has actively investigated 35 cartel cases across various sectors over the past five years, according to a Lok...
Ad Industry Raids Follow Leniency Tip-Offs: CCI
India’s Competition Commission (CCI) launched a sweeping antitrust raid on major media buying agencies this week, acting on evidence submitted under its leniency programme,...
Govt to Introduce Digital Competition Bill After Deliberations
The Indian government is taking a measured approach before introducing the Digital Competition Bill, ensuring that it aligns with global best practices and effectively...
Chegg Sues Google Over AI Overviews, Cites Content Undermining
US-based educational technology firm Chegg has filed a lawsuit against Google, accusing the tech giant of eroding demand for original content and undermining publishers'...
CCI Seeks Public Input on New Predatory Pricing Rules
The Competition Commission of India (CCI) has invited public comments on its draft regulations for determining the cost of production, aiming to modernize its...