Homevideos Newstechnology News

    Swiggy, Ola, Oyo, Zomato and more to appear before parliamentary panel today

    videos | IST

    Swiggy, Ola, Oyo, Zomato and more to appear before parliamentary panel today

    Mini

    The parliamentary committee on finance looking into anti-competitive practices by big tech companies has summoned the likes of Zomato, Flipkart and Paytm among others to look into big tech's compliance with competition laws.

    The parliamentary committee on finance looking into anti-competitive practices by big tech companies has summoned Zomato, Flipkart and Paytm among others to look into big tech's compliance with competition laws.
    CNBC-TV18 has learnt that eight companies are likely to appear before the parliamentary committee on finance headed by Jayant Sinha. They would be questioned about how some of them are abusing their dominant position and how these companies are sometimes at a disadvantage while dealing with them.
    The likes of Oyo, Flipkart MakeMyTrip, and the All India Gaming Federation would be asked about the challenges they face and about how to determine anti-competitive practices.
    The companies are likely to spell out some of the restrictions on in-app purchases imposed by big tech companies and highlight advertising restrictions.
    The meeting with the companies will also focus on the companies' mechanisms to comply with local regulatory norms and competition norms.
    Watch the accompanying video of CNBC-TV18’s Parikshit Luthra for more details.
    Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
    next story

      Most Read

      Market Movers

      View All
      CompanyPriceChng%Chng