The Supreme Court on Fridat dismissed Meta Platforms' plea seeking a stay on an anti-competition probe into the WhatsaApp's 2021 privacy policy case.
While dismissing the plea, the country's top court has held that India's antitrust watchdog, the Competition Commission of India, cannot be restrained and and directed the agency to complete its probe at the earliest.
The Supreme Court has held that the CCI has the necessary jurisdiction to conduct the probe, as it an independent body with authority to look into violations of the Competition Act.
In its arguments, the CCI had submitted that WhatsApp is is abusing its market dominance and sharing user data with its parent company Meta — which also owns Facebook — for targeted ads.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Samosa, biryani, tea: District poll panels fix varied menu, ceiling for LS polls expenditure
Mar 29, 2024 3:14 PM
Mahagathbandhan announces seat-sharing in Bihar, RJD to contest on 26 seats, Cong 9
Mar 29, 2024 2:25 PM
Lok Sabha elections 2024 Dibrugarh to Jorhat — key seats in Assam
Mar 29, 2024 1:11 PM
Lok Sabha Election 2024: Hajipur to Patna Sahib — key seats in Bihar
Mar 29, 2024 12:28 PM