India: Regulator to assess media, broadcasting sector

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. 

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

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