Tech
Can global Big Tech companies afford to ignore the Indian market?
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illustration: ajay mohanty
New battle lines are being drawn in the world of technology. On one side are the global Big Tech companies: Google, Apple, Meta, and Amazon, who oppose the draft Digital Competition Bill, an ex-ante legislation to control the growing concentration of market power, and supplement the Competition Act.
The ex-ante provision means the Competition Commission of India (CCI) can intervene before anyone indulges in anticompetitive practices. This would be a contrast from the current framework, in which the CCI scrutinises or acts against anticompetitive practices after they have occurred. Numerous such disputes are already pending before the courts.
The draft
First Published: May 20 2024 | 10:48 PM IST
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