te Anti-competitive practices: Apple, Google, Netflix, Amazon India executives to depose before parliamentary panel | Zee Business

Anti-competitive practices: Apple, Google, Netflix, Amazon India executives to depose before parliamentary panel

The BJP leader and former Union minister further said the committee has already held deliberations with the Competition Commission of India (CCI), the Ministry of Corporate Affairs, and Indian tech firms on the issue.

Anti-competitive practices: Apple, Google, Netflix, Amazon India executives to depose before parliamentary panel
In recent times, there have been complaints about alleged anti-competitive ways of various technology platforms and firms. Pic: Reuters

Top executives of the Indian arms of Apple, Google, Amazon, Netflix and Microsoft are scheduled to depose before a parliamentary panel looking into anti-competitive practices in the digital space later on Tuesday, the committee's chairman Jayant Sinha has said.

The Parliamentary Standing Committee on Finance has been looking into various aspects of competition in the marketplace, especially concerning technology majors.

According to a notice issued by the Lok Sabha Secretariat, the agenda of the meeting is "Oral evidence of the representatives of big tech companies on the subject 'Anti-Competitive' practices by big tech companies."

TRENDING NOW

"Representatives of Apple, Microsoft, Amazon, Google, Netflix, from their Indian arms and a few others will appear before the parliamentary panel on the issue of competitive behaviour in the digital market," Sinha had told PTI.

The BJP leader and former Union minister further said the committee has already held deliberations with the Competition Commission of India (CCI), the Ministry of Corporate Affairs, and Indian tech firms on the issue.

Representatives of food delivery platforms Swiggy and Zomato, e-commerce player Flipkart, cab aggregator Ola, hotel aggregator Oyo, and the All India Gaming Association are among those who have already been called by the Sinha-led panel.

In recent times, there have been complaints about alleged anti-competitive ways of various technology platforms and firms.

The CCI is already probing various cases, especially in the digital space, following complaints of unfair business practices.

On April 28, the CCI made a presentation about competition aspects in the marketplace to the parliamentary panel.

Written By: PTI
Updated: Tue, Aug 23, 2022
12:16 pm
New Delhi, PTI
RELATED NEWS
CCI clears JSW Group's 38% stake buy in MG Motor India CCI clears JSW Group's 38% stake buy in MG Motor India
CCI clears Emirates Telecommunications Group-Vodafone deal CCI clears Emirates Telecommunications Group-Vodafone deal
CCI approves Kedaara Capital Fund's acquisition of 1.74% equity stake in Lenskart, also clears acquistion of majority stake in Indira IVF by Zonnebaars CCI approves Kedaara Capital Fund's acquisition of 1.74% equity stake in Lenskart, also clears acquistion of majority stake in Indira IVF by Zonnebaars
Competition Commission of India approves proposed acquisition of Lanco Amarkantak Power Limited Competition Commission of India approves proposed acquisition of Lanco Amarkantak Power Limited
Cummins fails to notify Meritor acquisition to CCI, levied Rs 10 lakh as penalty Cummins fails to notify Meritor acquisition to CCI, levied Rs 10 lakh as penalty

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x