Do you think the Competition Commission of India (CCI) has been as successful in protecting consumer rights, promoting fair competition and restricting monopolistic tendencies, vis a vis its western counter part?
Main Body
The Competition Commission of India is a Statutory body to enforce competition laws and ensure a competitive market, that benefits customers.
It has been successful as-
However, it has failed in certain areas-
1. No pr check on predatory practice adopted by Jio to enter telecom market.
2. Couldn't save telecom sector from reducing to almost a duopoly.
3. Isn't very proactive in changing times like its western counterpart.
Eg. Trade body in US asked Google, Apple to stop charging for in-app payments.
Australian competition laws ask Google to share earnings with local news creators.
Thus, the CCI can continue to learn from its western counterpart, while being more proactive and unbiased in its actions in India.
Conclusion
Thus, the CCI can continue to learn from its western counterpart, while being more proactive and unbiased in its actions in India.
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Page 15
GAURAV OJHA
Statutory, Regulatory and Quasi-judicial Bodies
Competition Commission of India
CCI's Role in Market Competition and Consumer Protection
176
Total words
9
Paragraphs
Analytical, comparative
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