Competition Watchdog's Role Critical To Ensure Platforms Remain Neutral: CCI Chief
NDTV
Competition Commission of India (CCI) has the mandate to keep a tab on unfair business practices across sectors.
Competition Commission's role in cases emanating from new age markets is to ensure that platforms remain neutral, offer a level playing field and allow enterprises, big or small, to compete on merit, a top regulatory official said on Friday.
Noting that the regulator has examined more than 1,100 cases of anti-competitive agreements and abuse of dominant position in diverse sectors since its inception, CCI Chairperson Ashok Kumar Gupta said the instrument of enforcement has been applied judiciously.
Competition Commission of India (CCI) has the mandate to keep a tab on unfair business practices across sectors. According to him, there has been a steady rise in cases reviewed by CCI emanating from new-age markets, which range from search engines, online marketplace platforms, app stores and payment gateways to online travel, food aggregators, cab aggregators and social networking.
"Such cases involving search bias, predatory pricing, deep discounting, self-preferencing and leveraging have a direct interface with competition law regime. "The Commission's role in such cases is to ensure that platforms, which act as a central point of interaction between different sides in digital markets, remain neutral, offer a level playing field and allow enterprises, big or small, to compete on merit," Gupta said.
