Articles for tag: Accusations, Antitrust, Breaching, Claiming, Competition, Data, Disclosure, Indias, Laws, Recall, Report, Seeks, Sensitive, Xiaomi

September 23, 2024

Xiaomi seeks to recall India’s antitrust report, claiming disclosure of sensitive data amid accusations of breaching competition laws.

Xiaomi has requested India’s antitrust body to retract its report, which indicated that Xiaomi and Walmart’s Flipkart violated competition laws. The company claims the report contains sensitive business information that should have been redacted. This request could postpone the ongoing antitrust investigation that started in 2021. Xiaomi’s main concern revolves around details regarding its smartphone ...

September 15, 2024

Market News

Business

As harassment escalates, Hong Kong journalists face intimidation amidst a crackdown on press freedom and the chilling effects of national security laws.

In recent months, journalists in Hong Kong have faced significant harassment and intimidation, particularly due to a crackdown under the national security law. The Hong Kong Journalists Association reported a rise in organized assaults, affecting around 15 journalists and their families. This surge in threats includes online harassment and warnings about potential legal consequences for ...

September 14, 2024

Market News

Business

Regulatory reports expose Samsung and Xiaomi’s collusion with Amazon and Flipkart, breaching antitrust laws and harming competition in India.

Recent investigations by India’s Competition Commission have found that major smartphone brands like Samsung and Xiaomi colluded with Amazon and Flipkart to break antitrust laws. Reports indicate that these companies engaged in exclusive product launches and prioritized selected sellers, harming competition and local retailers. Both Amazon and Flipkart allegedly favored preferred sellers, offering them discounts ...

September 7, 2024

Market News

Business

Wockhardt vehemently denies allegations of improper rental payments and insists it remains compliant with all applicable laws amid investigations.

Wockhardt, the Mumbai-based drug company, has firmly rejected allegations concerning rental payments connected to Carol Info Services and issues raised by the Securities and Exchange Board of India (Sebi). In a recent regulatory filing, Wockhardt described the claims as “completely baseless and misleading,” emphasizing their commitment to abiding by all laws. These statements came in ...

May 17, 2024

Market News

Business

Why Small Businesses are Struggling: Impact of Laws on Creditors and Contractors

Small creditors and contractors may find themselves at a disadvantage when it comes to navigating the legal system. In many cases, laws are structured in a way that prioritizes larger creditors, making it difficult for small businesses to collect what they are owed. This can create financial strain and uncertainty for those who rely on ...

May 11, 2024

Market News

Business

Elon Musk Loses Copyright Battle: Judge Rules his Creation X Cannot Patent Laws

Elon Musk’s company, X, has hit a roadblock in its quest to invent its own copyright law. A judge has ruled that X cannot create its own copyright rules, putting a halt to the innovative plans of the tech giant. This decision has significant implications for the future of intellectual property rights in the digital ...

April 26, 2024

Market News

Crypto Now

Alert: Don’t Miss Out! Explosive Crypto Boom Could Vanish – Dive In Before It’s Too Late! Discover How New Laws Might Change Everything!

Breaking news: In the coming week, the state House will review important bills poised to toughen the rules on cryptocurrency mining, bringing this hot topic into the spotlight. The Arkansas Democrat-Gazette reports on these significant proposals aimed at reshaping the future of digital currency operations within the state. With the industry’s rapid growth and its ...