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CCI approves acquisition of 7.73% equity share capital of Jio Platforms Limited by Google International LLC

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..... CCI approves acquisition of 7.73% equity share capital of Jio Platforms Limited by Google International LLC
News and Press Release
Dated:- 12-11-2020

The Competition Commission of India .....

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..... (CCI) approves acquisition of 7.73% equity share capital of Jio Platforms Limited (JPL) by Google International LLC (GIL) under Section 31(1) of the Competition Act, 2002. GIL is a wholly owned subsi .....

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..... diary of Google LLC(collectively with all Google LLC subsidiaries, Google). Google LLC is a Delaware limited liability company and wholly owned subsidiary of Alphabet Inc. GIL is a holding company and .....

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..... does not own / operate any of Google's products/ services. JPL is a subsidiary of Reliance Industries Limited, which holds the majority of its issued equity share capital. JPL along with its subsidi .....

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..... aries primarily offers / will offer digital products / services, including wireless, home broadband and enterprise broadband services, telecommunication services, mobile applications, various digital .....

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..... platforms, back-end technology services for ecommerce entities and other miscellaneous software and technology related services. Detailed order of the Commission will follow.
News - Press release .....

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..... - PIB .....

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