Amazon, Google, Netflix among tech giants to testify about anti-competitive practices before government panel tomorrow

New Delhi, August 22: Representatives of major technology companies such as Amazon, Google, Netflix and Microsoft were summoned by the Parliament’s Standing Committee on Finance on Tuesday for questioning on the subject of anti-competitive practices by technology organizations.

According to official sources, the group headed by BJP MP and former Union minister Jayant Sinha will hold a meeting on Tuesday to discuss the issue, which has attracted much attention of late.

The committee has also summoned representatives from e-commerce organizations like Flipkart and even taxi and hotel aggregators like Ola and Oyo, respectively, to discuss the issue. The meeting comes at a time when major players in the digital and technology space are being accused of indulging in anti-competitive practices and unfair business practices. Global economic meltdown: New VR jobs die at Meta and Google amid hiring freeze.

The summoning of Big Techs by the parliamentary panel is in line with earlier discussions on the issue, which focused on competitive behavior in the digital market.

The group has already held discussions on the topic with representatives from the Competition Commission of India (CCI) as well as officials from Indian technology companies.

(The above story first appeared on LatestLY on 22 Aug 2022 at 17:42 IST. For more news and updates on politics, world, sports, entertainment and lifestyle, visit our website

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