THE STORY SO FAR
The Competition Commission of India imposes penalties on Google, and is investigating practices by firms, including Apple and Meta
The Competition (Amendment) Act 2023 introduces provisions on penalties based on global turnover and deal value thresholds for M&A that will impact tech firms
The Standing Committee on Finance, in its report in December 2022 on anti-competitive practices by Big Tech firms, identifies 10 practices, including anti-steering provisions, bundling and tying; calls for a digital competition bill
The Ministry of Corporate Affairs sets up a high-level committee in February 2023 to look into a digital competition law, submits report in March 2024
IT IS A fine line to tread. How does one protect consumer interests while maintaining the freedom of the markets? Industry, sectoral experts, and policymakers have been debating this vexing question for long but have found no easy answers yet. In the meantime, India is working on introducing a digital competition law that would have significant ramifications for a host of Big Tech firms—both domestic and foreign—including the likes of Google, Meta, Apple, Amazon, Uber, MakeMyTrip, and Zomato, to name a few.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
The EV Craze
The country’s growing luxury car market is seeing a shift with environmentally-conscious consumers betting on electric vehicles as a sustainable travel option. Though just 6%, the share of EVs in the luxury segment is rising rapidly
The Storage Boom
Data centres are being built at a frenetic pace in india as companies scramble to meet the ballooning demand from mobile phone users and firms adopting al. Can the country’s energy infrastructure keep up?
India Beckons
Owing to rising incomes in India and overall wealth expansion, luxury brands are wooing the country like never before
The Pearls of The Sea
Caviar, that rare food, is considered the epitome of fine dining. Here is everything that you need to know about it
66.Brand persona should define the core"
I’d say this was a strategic pivot. We had an iconic brand, but had, over time, evolved into diversified lines of businesses that could no longer be represented within the confines of our ‘name’.
Unwind in Style
Here is acomprehensive list of top tech picks that help you unwind by blending perfection in performance with luxury
A Lifelong Affair with Inspiration
In my art journey, the diversity of my acquisitions mirrored the expanding horizons of my understanding of art
Make it Bubbly
Champagne is much more than just a symbol of celebration and success. Know about its nuances beyond the bubbles
Palatial Splendour
Buoyed by renewed demand, sales of the glitzy mansions of the ultra-rich are surging like never before. Real estate majors are looking to capitalise on this by launching luxury offerings in record numbers
Of Beaches and Cream
GianChand Single Malt Whisky
