ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Competition ActSubscribe to Competition Act

Breaking up Tech Giants

The economic power wielded by tech giants has been aided and abetted by the lax enforcement of antitrust regulations by the United States. It has allowed them to create an almost impassable moat around their businesses, while being able to bully, browbeat, and buy out any competitors who look remotely threatening. Calls by politicians to break up these tech giants are more than timely and need to be taken seriously by regulators across the world.

Conflict between Regulation and Competition Law in the Indian Telecom Sector

The debate regarding the respective realms of competition law and economic regulation is not new. In the Indian context, complaints filed against the telecom incumbents Airtel, Vodafone and Idea by Reliance Jio before the Telecom Regulatory Authority of India and the Competition Commission of India bring to the fore such an example. This case is analysed primarily through the legal standpoint, and it is argued that competition law intervention is warranted only in “gap” cases: where the regulatory regime cannot account for consumer welfare. Where the regulatory and competition agency reach conflicting decisions, the issue can be resolved by a third body whose decision is binding on both the regulator and the competition agency.
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