ARTICLE · 13 JANUARY 2023

Anti-Competitive Practices In Digital Markets By Big Tech Under Government Scanner

Obhan Mason

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Digital markets comprise of internet based (digital) companies with millions of users. Such markets may be dominated with a few leading players emerging over a short period...

IndiaCorporate/Commercial Law

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Introduction

Digital markets comprise of internet based (digital) companies with millions of users. Such markets may be dominated with a few leading players emerging over a short period of time. The Standing Committee on Finance ("Committee") submitted its report on 'Anti-Competitive Practices by Big Tech Companies' on December 22, 2022 ("Report").¹ This Report discusses 10 major anti-competitive practices by Big Tech companies and puts forth the Committee's observations and recommendations for each issue. The Report discusses that as the Indian digital ecosystem expands, monopolistic practices will prevent fair competition, restrict customer choice and growth of new entities, in the absence of regulation.

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