The committee has sought feedback from the domestic big tech companies in the next meeting. The committee is examining how to keep it within the purview of the CCI…reports Asian Lite News
The parliamentary committee on finance met on Thursday on the big tech companies on the issue of regulation.
Jayant Sinha who heads to committee said that, “we are examining the issue to give our recommendation on how to regulate it.”
As the digital market has its own dynamics and its particular class of market which is emerging and growing the committee members want a level playing field for all.
The committee has sought feedback from the domestic big tech companies in the next meeting. The committee is examining how to keep it within the purview of the CCI.
The committee also pointed out about global giants who are in India.
Sources say that Big Tech companies shared their grievances and problems in functioning with regard to global giants. The companies said that not only are they helping to grow the industry but also generating employment.
“Hearing of views of representatives of Associations/Industry stakeholders on the subject ‘Anti-Competitive Practices by Big-Tech companies’.”
BJP leader and former Union minister Jayant Sinha chaired the Parliamentary Standing Committee on Finance that has been looking into various aspects of competition in the marketplace, especially with respect to technology majors.
The eight tech firms which appeared include Paytm, Swiggy, Flipkart, Ola, Oyo, MakeMyTrip and All India Gaming Association.
Blocked accounts, channels
Information and Broadcasting Minister Anurag Thakur said on Thursday that in 2021-22, the ministry took strong action against YouTube channels working against the interest of the country.
Responding to a question in the Rajya Sabha, Thakur said the ministry acted against 94 YouTube channels, 19 social media accounts and 747 URLs and got them blocked.
“These actions were taken under Section 69A of Information Technology Act,” he said.
The minister added that the government acted strongly against agencies working against the sovereignty of the country by spreading fake news and propaganda on the internet.
Referring to Alt News co-founder Mohammad Zubair, who was granted bail by the Supreme Court on Wednesday, Thakur said that it is essential to know the difference between a ‘fact-checker’ and someone who is trying to create tension in the society by staying behind the fact check.
“If someone complains against them, action will be taken according to the law,” he said.