Flipkart, Amazon challenge India court order on antitrust probe

Flipkart, Amazon challenge India court order on antitrust probe

Walmart Inc’s Flipkart and Amazon.com Inc. have filed legal challenges against the resumption of an antitrust investigation into their business practices, according to sources and a legal filing viewed by Reuters.

The Competition Commission of India (CCI) launched an investigation in...


BARC ratings: CNN-News18 tops English news genre

TV advertising stays strong; May’21 growth 64%: BARC

Ad volumes in May 2021 have witnessed a significant growth of 64% as compared to May 2020 and have remained at par with previous years, data released Thursday by Broadcast Audience Research Council India (BARC) revealed.

“2021 began on a high note for television Ad Volumes. Despite a...


India may speed up Amazon, Flipkart antitrust probe

India may speed up Amazon, Flipkart antitrust probe

India's antitrust watchdog plans to expedite a restarted probe into allegations of anti-competitive behaviour at Amazon.com Inc and Walmart Inc's Flipkart, as it intensifies scrutiny of big-tech firms, two people close to the matter said.

The comments come as major US technology firm...


MPA

MPA forecast Apac ad growth of 7%

Net advertising expenditure in Asia Pacific, calculated after discounts, declined 4.3% Y/Y in 2020, according to a new report entitled Asia Pacific Advertising Trends 2021 from Media Partners Asia (MPA). Pandemic-induced macroeconomic uncertainty softened advertiser demand in 1H 2020. As economies rebound, recovery is underway with ad spend fore...


Indian advertising to grow by 20%; global figure by 19%: GroupM

Indian advertising to grow by 20%; global figure by 19%: GroupM

The mid-year forecast done annually of the media industry by GroupM, in 2021 has thrown up some interesting numbers. Global advertising is expected to grow by 19 per cent (excluding U.S. political advertising) during 2021, a significant upward revision from December forecast.

This re...