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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 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.
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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.