A PYMNTS Company

India: Regulator to assess media, broadcasting sector

By  |  August 27, 2019

India’s antitrust watchdog plans to conduct an assessment of the country’s media and broadcasting sector to ensure that any competition concerns are identified and resolved swiftly, a government document seen by Reuters showed. 

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The study will be among the first after India’s finance minister last week asked the Competition Commission of India (CCI) to initiate more cases on its own to investigate antitrust practices and conduct market studies. 

    The study, which a source with direct knowledge of the matter said is not linked to any ongoing investigation, will examine the competition landscape in a sector that includes the likes of Walt Disney’s Star India and India’s Reliance Industries. 

    According to Reuters, India’s vibrant media sector is also crowded with hundreds of television news channels, newspapers and online news websites, which deliver content in various languages. 

    “This (study) would ensure that new practices and technologies in this dynamic sector, which may be affecting competition adversely, are identified quickly and remedial measures … are adopted fast,” the CCI said in the document.

    Full Content: Reuters

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