Top executives from Apple, Google, Netflix, Microsoft and Amazon India will meet the government’s parliamentary panel today at 2.30 pm IST to discuss anti-competitive practices in the country’s digital space. According to Jayant Sinha, chairman of the Parliamentary Standing Committee on Finance, the panel has invited representatives of the Indian branches of these tech giants to look into various competitive aspects in the digital marketplace. The committee has earlier met and held discussions with representatives of leading companies including Paytm, Swiggy, Zomato, Flipkart, Ola, Oyo and All India Gaming Association.
In a notice dated August 10, the Lok Sabha Secretariat has convened the next meeting of the Standing Committee on Finance today, at 2.30 pm IST, with the agenda being “oral evidence from representatives of large tech companies on ‘anti-competitive practices of large tech companies’.”
In a statement to PTI, Sinha clarified the names of technology companies appearing before a parliamentary panel on the issue of competitive behavior in the digital market today. These include “representatives from Apple, Microsoft, Amazon, Google, Netflix, from their Indian arm and a few others.
A parliamentary committee headed by Sinha met top executives of eight domestic tech companies in July to discuss the market behavior of technology platforms amid growing anti-competitive practices. Among the executives who met the panel were Paytm founder Vijay Shekhar Sharma, OYO chief Ritesh Aggarwal, as well as representatives from Swiggy, Zomato, Flipkart, Ola, MakeMyTrip and the All India Gaming Association.
Representatives of the domestic companies mentioned above expressed their concerns about facing unfair competition from big tech companies.
