[ad_1] Kaur also stressed that the regulator is closely monitoring these developments to ensure that the competition framework remains robust and capable of addressing these new dynamics | File image Artificial intelligence and machine learning can drive efficiency and innovation but also raise concerns related to market concentration and potential anti-competitive behaviour, according to … Read more
[ad_1] The Department of Revenue has extended the tenure of staff loaned to the Competition Commission of India (CCI) to handle cases of the National Anti-Profiteering Authority (NAA) for an additional six months, according to sources. This extension is the third granted by the revenue department. The CCI can utilise the staff until … Read more
[ad_1] The proposed Digital Competition Bill is expected to put a self-reporting obligation on online entities to declare their dealings are fair and transparent, not restrictive towards third-party applications, according to sources in the know. The digital entities who qualify as gatekeeper platforms or systemically important digital intermediaries (SIDIs) would have to provide … Read more
[ad_1] The Competition Amendment Act’s latest provision for calculating penalties based on global turnover is likely to be applicable on the ongoing Competition Commission of India (CCI) investigations, including in various Big Tech cases awaiting final orders. However, experts say there is a need for clarification on whether this law applies to new complaints … Read more