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Weekly Anti-trust and Privacy Updates

This week’s anti-trust and privacy updates are as follows: CCI approves Axis Bank acquisition of Citi Corp The CCI, last week, approved Axis Bank’s Rs. 12,325 Cr. acquisition of Citi Bank NA and Citicorp Finance India Limited. Axis Bank, as per the deal, would be acquiring all of Citi’s consumer banking activities. Citi’s credit cards, personal loans and wealth management business would be transferred to Axis Bank. The acquisition is expected to close by September 2024. CCI approves Greenforest acquisition of stake…

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Weekly Anti-Trust and Privacy Updates

This week’s anti-trust and privacy updates are as follows:   NCLAT suspends Amazon’s investment in Future-coupons, upholding CCI’s decision. The NCLAT has ordered Amazon to pay 200CR INR in penalty for making false statements and material omissions in its disclosures regarding the acquisition of Future Coupons Group. The Appellate Tribunal has upheld that Amazon deliberately mislead the CCI by misrepresenting its acquisition as an expansion of the portfolio and consequently, suppressing its strategic interest in the Subsidiary Future Retail Ltd. CCI, in…

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Latest Updates on Privacy - June 2022 - Part II

Latest Updates on Privacy – June 2022 – Part II

This is a rundown of last week's updates on Privacy: CNIL holds modifications to Google Analytics insufficient to meet GDPR requirements The French privacy watchdog, CNIL, has held that changes to Google Analytics' systems will not make it compliant with the General Data Protection Regulation (GDPR), dismissing options of anonymisation and encryption proposed by Google, following its decision that data transfers to the US via Google Analytics were illegal. The CNIL held that Google could not prove that firstly the data…

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Latest Updates on Privacy - June 2022 - Part I

Latest Updates on Privacy – June 2022 – Part I

This is a rundown of last week's updates on Privacy: Changes proposed to IT Rules 2021 allowing overriding of social media accounts A draft seeking amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 has been proposed by the Central Government. The draft imposes a greater burden on social media companies to set up a vigil mechanism and ensure its compliance while dealing with illegal and inflammatory content. A Grievance Addressal Committee (GAC) is also proposed…

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Latest Updates in Privacy - May 2022

Latest Updates on Privacy – May 2022

This is a rundown of last week’s news updates on Privacy: New CERT-In Directives issued The Indian Computer Emergency Response Team has recently issued new guidelines trying to combat cyber security incidents, with 6,07,220 incidents being reported in the first half of 2021. The directions prescribe mandatory data collection, retention and integration by data centers, virtual private network providers, cloud services providers and others. However, directions for the registration of data centres, virtual private server providers, and virtual private network providers…

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Latest Updates on Privacy - February, 2022 - Part I

Latest Updates on Privacy – February, 2021 – Part I

This is a rundown of last week’s news updates on Privacy: Central Government addresses concerns about penalising export-import data publication The Central Government had, through the Finance Bill, proposed the insertion of Section 135AA in the Customs Act which would make publishing of export-import data from the country, unless required by law, a punishable offence, with imprisonment of up to six months. Owing to concerns as to ambiguity in the type of data and whether publishing aggregate trade data would amount to…

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Latest Updates on Privacy - December, 2021 - Part I

Latest Updates on Privacy – December, 2021 – Part I

This is a rundown of last week's news updates on Privacy: Joint Parliamentary Committee submits report on Data Protection Bill The Joint Parliamentary Committee on Personal Data Protection Bill has submitted its report suggesting several changes including dropping the word “personal” from the name of the Bill to imply that the Bill also deals with non-personal data. The JPC has retained the section that confers the Central Government the power to exempt any government body from the application of the law…

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Latest Updates on Privacy - November, 2021 - Part III

Latest Updates on Privacy – November, 2021 – Part III

This is a rundown of last week’s news updates on Privacy: JPC adopts draft report on Personal Data Protection Bill, 2019 The Joint Parliamentary Committee (JPC) has adopted its report on the Personal Data Protection Bill, 2019 after around two years of deliberations. It includes a number of recommendations that might improve the final law, including an acknowledgment that the digital economy cannot take precedence over the protection of citizens' rights. The report is expected to be tabled before the end…

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Latest Updates on Privacy - November, 2021 - Part II

Latest Updates on Privacy – November, 2021 – Part II

This is a rundown of last week's news updates on Privacy: Centre defends legal validity of new IT rules requiring tracing of first originator The Central Government has maintained the legality of the Information Technology Rules, 2021 mandating messaging platforms like WhatsApp to "track" an information's initial source or first originator, before the Delhi High Court. In the "legitimate state interest" of combating fake news and crimes against women and children, the Centre claimed that Section 87 of the Information Technology Act…

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Latest Updates on Privacy - November, 2021 - Part I

Latest Updates on Privacy – November, 2021 – Part I

This is a rundown of last week’s news updates on Privacy: Supreme Court sets up a committee to look into the Pegasus matter The Apex Court has ordered for the establishment of an independent three-member expert committee to investigate claims of pervasive and targeted monitoring of politicians, journalists, and activists through the Pegasus spyware. The committee will be overseen by retired Supreme Court judge Justice RV Raveendran. The committee will look into whether the Pegasus spyware was used to access stored…

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