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Google, Amazon, Twitter to face parliamentary panel again on May 12 for competitive conduct

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Google, Amazon, Twitter to face parliamentary panel again on May 12 for competitive conduct

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The meeting comes against the backdrop of mounting concerns globally, including in India, about alleged practices of big tech players and technology platforms that could be adversely impacting competition in the market place.

Google, Amazon, Twitter to face parliamentary panel again on May 12 for competitive conduct
With a number of global tech giants facing a CCI probe for alleged anti-competitive practices, a key Parliamentary panel on Thursday decided to summon representatives of Google, Amazon, Facebook, Twitter and others to examine their competitive behaviour. The panel's next meeting on the issue is likely to be held on May 12.
The issue was discussed in detail by members of the Parliamentary Standing Committee on Finance after a presentation was made before it by the Competition Commission of India (CCI).
The regulator told the panel that it was setting up a 'Digital Markets and Data Unit' for effectively dealing with the anti-competition practices of big tech companies and bringing a new bill to amend the CCI Act.
CCI also cited several investigations it is carrying out in the digital space, including those against Google, Facebook-WhatsApp, Apple, Flipkart, MakeMyTrip-Goibibo, Swiggy and Zomato.
The meeting also comes against the backdrop of mounting concerns globally, including in India, about alleged practices of big tech players and technology platforms that could be adversely impacting competition in the marketplace.
About the meeting, the panel's Chairman Jayant Sinha told PTI that it had "an excellent set of discussions" with officials from the Ministry of Corporate Affairs, Ministry of Electronics and Information Technology and Competition Commission of India.

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"In our next hearing (on this issue), we will be calling most of the major tech companies to hear their perspective and how competition law in India is evolving to address the needs and challenges associated with digital space," he said.
"All of the major companies we are going to invite... Google, Apple, Facebook, Twitter, Amazon, Microsoft and others. Competition laws are evolving worldwide to meet the challenges associated with the digital markets," Sinha added.
Sinha, a BJP leader and a former Union minister, said the panel would discuss the competitive behaviour of these companies.
According to Sinha, a bill to amend the CCI Act -- enacted in 2002 and last amended in 2007 -- will be introduced soon and have provisions to deal with the anti-competition practices of tech giants.
"It is very important to look at our competition law to see whether it is equal to those in advanced jurisdictions like the European Union, United States, Australia and the United Kingdom," Sinha said.
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