Apple, Google, Netflix, Microsoft and Amazon India’s prime executives will meet the federal government’s parliamentary panel immediately at 2.30pm IST to debate the anti-competitive practices within the digital house within the nation. According to the Parliamentary Standing Committee on Finance’s chairman Jayant Sinha, the panel has summoned the representatives from Indian arms of those tech giants to look into numerous competitors points within the digital market. The committee has beforehand met and mentioned the identical with representatives from different main companies together with Paytm, Swiggy, Zomato, Flipkart, Ola, Oyo, and the All India Gaming Association.
In a discover dated August 10, the Lok Sabha Secretariat has referred to as for the subsequent sitting of the Standing Committee on Finance immediately, 2.30pm IST onwards, with the agenda being “Oral evidence of the representatives of big tech companies on the subject ‘Anti-Competitive’ practices by big tech companies.”
In his assertion to PTI, Sinha elaborated the names of the tech firms which might be on account of seem earlier than the parliamentary panel on the problem of aggressive behaviour within the digital market immediately. These embrace “representatives of Apple, Microsoft, Amazon, Google, Netflix, from their Indian arms and some others.
The parliamentary panel led by Sinha met the highest executives of eight home tech companies in July to debate the market behaviour of expertise platforms amid rising anti-competition practices. The executives who met the panel included Paytm founder Vijay Shekhar Sharma, Oyo’s head Ritesh Agarwal, in addition to representatives from Swiggy, Zomato, Flipkart, Ola, MakeMyTrip, and All India Gaming Association.
The above-mentioned home firms’ representatives reportedly expressed their considerations concerning dealing with unfair competitors from large tech companies.
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