Summary: Parliament panel report on Big Tech’s unfair practices in … – MediaNama.com
Monitor the moves of Big Tech through a regulatory framework and ensure fair competition in the Indian digital market – these two points stand out in the observations and recommendations made by the Standing Committee on Finance in its report ‘Anti-competitive practices by Big Tech companies’, released on December 22, 2022.
Taking Competition Commission of India’s (CCI) investigations into Alphabet Inc, Google, Swiggy and Zomato, Amazon and Flipkart as case studies, the panel has identified ten major anti-competitive practices by big companies. On the basis of consultations with representatives of hospitality, restaurants and travel agents associations, digital media and newspaper associations and big tech companies, the panel put forth recommendations for each issue.
Highlights:
- The report notes that as India’s digital ecosystem expands, in absence of regulation, monopolistic practices in interconnected digital markets will prevent fair competition, restrict consumer choice and…
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source: https://news.oneseocompany.com/2023/01/02/summary-parliament-panel-report-on-big-techs-unfair-practices-in-medianamacom_2023010238645.html
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