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Why in the news? A U.S. lobby group representing Google, Amazon, and Apple opposes India’s proposed Digital Competition Bill, citing concerns about data use regulations and preferential treatment rules that could increase user costs. The bill aims to impose obligations on big digital companies in India, similar to the EU’s Digital Markets Act, targeting firms …
Read MoreWhy in the news? Ravneet Kaur, Competition Commission of India(CCI) Chairperson, urges regulatory adaptability for digital market competition. Emphasizes the need for innovative analytical tools suited to the digital landscape. Aims to tackle challenges like “algorithmic collusion”. Key Points about “algorithmic collusion”: Algorithmic collusion involves using algorithms or computer programs to manipulate market behavior. It …
Read MoreWhy in the news ? NCLAT instructed Google and CCI to respond to petitions challenging Play Store billing policy, setting the next hearing for May 24. source:hpsibuz About NCLAT’s Directive: The National Company Law Appellate Tribunal (NCLAT) instructed Google and the Competition Commission of India (CCI) to respond to petitions regarding the Play Store billing …
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