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CCI to set up digital market unit to assess big tech behaviour -Gireesh Chandra Prasad

-Livemint.com The sheer scale of transactions and transparency issues associated with digital markets add to the complexity. But our advantage is our Competition Act is quite flexible, CCI chairman said Competition Commission of India (CCI) will set up a digital market unit (DMU) to better understand and assess the conduct of e-commerce platforms and other digital economy firms so that any anti-competitive behaviour of new age businesses do not go undetected by...

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In India, What Explains Distribution Margins and Drug Prices Being Linked? -Murali Neelakantan and Ashish Kulkarni

-TheWire.in A Tata Nano pays the same toll to go from Mumbai and Pune on the expressway as does a Rolls Royce. Why should pharmaceutical products be any different? On May 26, amid news reports about yet another closed-door meeting that the National Pharmaceutical Pricing Authority (NPPA) had had with unspecified stakeholders, we were reminded of an interesting press release that the Ministry of Chemicals and Fertilisers had issued in July 2021. The...

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430 civil society and Indigenous Peoples groups to FAO Council: End partnership with pesticide industry

-Press release by Pesticide Action Network (PAN) International and 430 civil society and indigenous peoples organizations from 69 countries dated June 9, 2022  Reminding the UN Food and Agriculture Organization (FAO) of its obligations to uphold human rights, 430 civil society and Indigenous peoples organizations from 69 countries across the globe today called on the FAO Council to rescind the agency’s partnership with CropLife International, the industry association representing the world’s largest...

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A ban on wheat exports was the country’s least damaging option -Indira Rajaraman

-Livemint.com India’s wheat export proscription was the first signal of awareness that moves on many fronts are needed for inflation control The Indian export ban on wheat in mid-May drew much negative attention. For the record, it is a ban on private sector wheat exports, and leaves open government-to-government contracts. The widespread criticism of the ban was misplaced in my opinion. Private wheat traders had responded exuberantly to the global demand for wheat...

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Retail inflation is not just about petrol, diesel -TS Ramakrishnan

-The Hindu Business Line Rather than cut fuel prices, encouraging farmers to step up cultivation of oilseeds and raising LPG subsidy and vegetables will ease food inflation  It is true that a reduction in the prices of petro products will result in a modest fall in the prices of various commodities. However, the reduction in petro prices will happen only when both Central and State governments forgo a substantial portion of the...

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