Bosses of 8 tech companies together with Paytm’s Vijay Shekhar Sharma will seem earlier than a parliamentary panel
New Delhi:
High executives of eight home tech companies, together with Paytm founder Vijay Shekhar Sharma and Oyo founder Ritesh Agarwal, will seem earlier than a key parliamentary panel on Thursday to debate the market behaviour of know-how platforms amid rising anti-competition issues.
BJP chief and former Union minister Jayant Sinha-chaired Parliamentary Standing Committee on Finance has been trying into numerous points of competitors within the market, particularly with respect to know-how majors.
Sinha advised PTI that the panel has determined to ask representatives of assorted know-how platforms, e-commerce gamers and gaming entities to look earlier than it quickly, and they are going to be primarily requested about their market behaviour.
Representatives of meals supply platforms Swiggy and Zomato, e-commerce participant Flipkart, cab aggregator Ola, lodge aggregator Oyo, digital Finance agency Paytm, MakeMy Journey and All India Gaming Affiliation, are those that have been referred to as by the panel, Sinha stated.
In accordance with discover out there on the Lok Sabha web site, the committee will probably be listening to “views of representatives of associations/ business stakeholders on the topic Anti-Aggressive Practices by Huge-tech firms” on July 21.
In accordance with sources, PayTM founder Vijay Shekhar Sharma, Ola CFO Arun Kumar, Make My Journey Chairman and Chief Mentor Deep Kalra, Zomato CEO Deepinder Goyal, Oyo founder and Group CEO Ritesh Agarwal, have confirmed to the panel to attend the assembly.
Equally, Swiggy’s Vice President and group normal Counsel Avantika Bajaj, Flipkart Group CEO Kalyan Krishna Murthy Group and All India Gaming Federation CEO Roland Landers may also attend the assembly, they stated. In current occasions, there have been complaints about alleged anti-competitive methods of assorted know-how platforms and companies.
The Competitors Fee of India (CCI) is already probing numerous instances, particularly within the digital area, following complaints of alleged unfair enterprise practices.
On April 28, the CCI made a presentation about competitors points within the market to the parliamentary panel.
After that assembly, Sinha stated the panel had “a superb set of discussions” with officers from the Ministry of Company Affairs, Ministry of Electronics and Data Know-how and CCI.
(Aside from the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)
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