Regulator CCI should intensify proactive monitoring of duopolistic or high-concentration sectors through regular market studies, competition risk assessments, and targeted interventions as they are showing disproportionate market power, a Parliamentary panel has said.
The Competition Commission of India (CCI) has the mandate to curb anti-competitive practices and promote fair competition across sectors.
Besides, the Parliamentary Standing Committee on Finance has urged the Corporate Affairs Ministry to expedite the introduction of the Digital Competition Bill, with a time-bound roadmap to ensure effective regulation of large digital platforms.
In a report tabled in the Lok Sabha this week, the panel said that despite enforcement actions and market studies by the CCI targeting dominant firms in digital markets, “several traditional sectors of the Indian economy also display duopolistic or highly concentrated market structures”.
Such structures are resulting in disproportionate marke​Regulator CCI should intensify proactive monitoring of duopolistic or high-concentration sectors through regular market studies, competition risk assessments, and targeted interventions as they are showing disproportionate market power, a Parliamentary panel has said.
The Competition Commission of India (CCI) has the mandate to curb anti-competitive practices and promote fair competition across sectors.
Besides, the Parliamentary Standing Committee on Finance has urged the Corporate Affairs Ministry to expedite the introduction of the Digital Competition Bill, with a time-bound roadmap to ensure effective regulation of large digital platforms.
In a report tabled in the Lok Sabha this week, the panel said that despite enforcement actions and market studies by the CCI targeting dominant firms in digital markets, “several traditional sectors of the Indian economy also display duopolistic or highly concentrated market structures”.
Such structures are resulting in disproportionate marke ​Latest News [ SOBAN NEWS: International and National ]
