A PYMNTS Company

India: Competition panel to analyze high-tech markets

By  |  May 3, 2015

India’s fair trade regulator will now undertake intense analysis of multi-sided high-technology markets involving network industry and more complex markets requiring greater understanding of economic theories, anti-trust analysis and theories of harm, a top official said here on Saturday.

“Recent development about net-neutrality and other high-tech issues is an area where the Commission will be stressing..,” said Competition Commission of India (CCI) member S.L. Bunker.

Describing cartel as the “most pernicious violation of competition law”, he said that CCI makes all efforts to ensure competitive neutrality and level playing field among market participants.

He said that the Commission does not discriminate between private businesses and government departments.

“There is a complete impartiality either it is a government department or private industry, if competition law’s violation takes place then the Commission does not give any kind of difference.”

 

Full content: The Hindu Business Line

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.