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The Parliamentary panel on Finance’s recent report on anti-competitive practices by Big Tech firms is a must-read. It delves deep into the day-to-day of these firms and identified 10 anti-competitive practices:
1. Anti steering
2. Platform neutrality
3. Adjacency
4. Data usage
5. Mergers and acquisitions
6. Pricing
7. Tie-ups
8. Search and preference ranking
9. Restricting third-party apps
10. Advertising policy
The report -- called the “Anti-competitive practices by Big Tech” -- has suggested some big changes that could make the market more efficient, transparent and address the “power imbalance” between big tech companies and users.
It recommends the creation of institutions named “Systematically Important Digital Intermediaries” and has talked about revamping the CCI.
In this podcast, Senior Deputy Editor KR Srivats helps us understand what’s in the report.
Read the full story here.
Tune in to BL Podcast for more such stories.
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businessline Podcast is a daily series of podcasts from The Hindu businessline newspaper. In this series, we take a look at news that matter from around the world and stories to provide quick, critical analysis. Our reporters, analysts and experts provide context to help you understand what happened, why is it important and how it impacts you. Listen in as we decode a wide range of topics from politics, policy, Indian economy and the world of business.
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