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

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....CI approves acquisition of 7.73% equity share capital of Jio Platforms Limited by Google International LLC <br>News and Press Release<br>Dated:- 12-11-2020<br><BR>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 subsid....

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....iary 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 subsidia....

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

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

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....- PIB....