New Delhi: The government could bring in a specific digital competition law to regulate big tech, said people aware of the matter. The corporate affairs ministry is mulling separate legislation instead of tweaking the existing Competition Act, which was amended recently, they said. “Given the complexity of the issue and differing views of stakeholders, introducing … Read more
The government set up a special committee on Monday to examine the need for a separate competition law for digital companies. The move follows a recommendation by the parliamentary standing committee on finance on acting against anti-competitive behaviour in digital markets to prevent the formation of monopolies. The panel had also suggested digital competition legislation … Read more
The Competition Commission of India (CCI) has dismissed a case of abuse of dominance alleged against Amazon Sellers Service by Dutch brand Beverly Hills Polo Club (BHPC) on Friday. According to the order, BHPC, the informant, claimed that Amazon Sellers Service, through its dominance of the online fashion retail space and together with its affiliates … Read more
By Peter Eavis and Steve Lohr U.S. tech titans flew high before the coronavirus pandemic, making billions of dollars a year. Now the upheaval has lifted them to new heights, putting the industry in a position to dominate U.S. business in a way unseen since the days of railroads. A rally in technology stocks elevated … Read more