Anti-competitive practices: Apple, Google, Netflix, Amazon India execs to depose before Parliamentary panel on Tuesday

AgenciesUpdated: Sunday, August 21, 2022, 05:28 PM IST
article-image
Anti-competitive practices: Apple, Google, Netflix, Amazon India execs to depose before Parliamentary panel on Tuesday | Photo: Pexels

Top executives of the Indian arms of Apple, Google, Amazon, Netflix and Microsoft will on Tuesday depose before a parliamentary panel looking into anti-competitive practices in the digital space, the committee's chairman Jayant Sinha 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." "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 told PTI on Sunday.

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.

(If you have a story in and around Mumbai, you have our ears, be a citizen journalist and send us your story here. )

(To receive our E-paper on WhatsApp daily, please click here.  To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Real estate news update: Technology to drive real estate growth in 2023, Budget expectations by...

Real estate news update: Technology to drive real estate growth in 2023, Budget expectations by...

2022 witnessed a rise in real estate market forces, with demand even treading back to the...

2022 witnessed a rise in real estate market forces, with demand even treading back to the...

OTM Mumbai, the gateway to Indian travel markets commences from 2-4 February at Jio World Convention...

OTM Mumbai, the gateway to Indian travel markets commences from 2-4 February at Jio World Convention...

Mumbai: BMC falls short in property tax collection ahead of Feb 4 Budget announcement

Mumbai: BMC falls short in property tax collection ahead of Feb 4 Budget announcement

Infosys buys back 17,36,000 shares at Rs 1,577.49 each

Infosys buys back 17,36,000 shares at Rs 1,577.49 each