The proposed settlement is over Google's mammoth project at creating a digital library which will be made available online thereby creating a very high level of access to the works, but has given rise to fears over copyright protection, hence the proposed settlement with authors and publishers, to create a book rights registry and compensate authors and publishers whose work is being digitised. For more on the same, please visit: http://www.reuters.com/article/newsOne/idUSN1825836720090919
Saturday, September 19, 2009
Google book deal in violation of anti-trust laws?
The proposed settlement is over Google's mammoth project at creating a digital library which will be made available online thereby creating a very high level of access to the works, but has given rise to fears over copyright protection, hence the proposed settlement with authors and publishers, to create a book rights registry and compensate authors and publishers whose work is being digitised. For more on the same, please visit: http://www.reuters.com/article/newsOne/idUSN1825836720090919
Wednesday, September 16, 2009
ECJ dismisses Akzo Nobel appeal
Monday, September 7, 2009
MRTPC to be wound up in two years
Regulators in China to keep a careful watch on financial institutions
India yet to implement Section 5 of the Competition Act
India’s new competition regime is nearly operational. In March, the CCI and the Competition Appellate Tribunal were fully constituted and on 20th May 2009, sections 3 and 4 related to anti competitive agreement and abuse of dominance were notified by the Competition (Amendment) Act, 2007. However, provisions related to combinations i.e. section 5 of the Act has still not been notified. The framework for merger control has been criticised by practitioners. As per the current framework, all mergers or acquisitions of control, shares, voting rights or assets, or acquisitions of control over enterprises where the acquirer controls another enterprise involved with similar goods or services, which result in either the parties to the transaction, or the group to which the target would belong post-acquisition, exceeding specified asset or turnover thresholds, are defined as combinations.
Prior notice must given to the CCI as per the prescribed format which will then determine whether it causes or is likely to cause an appreciable adverse effect on competition within the relevant market in India. The interpretation of this question is left to its subjective determination.