-The Hindu ‘Issue is not of use of social media, it is of abuse and misuse of social media’. Union Communications and Information Technology Minister Ravi Shankar Prasad said on Thursday that climate activist Disha Ravi’s arrest was based on law and order and it is under judicial process. He added that the House should consider “should some people abuse social media internationally to defame India to promote secessionism.” Replying to a question...
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Global antitrust and the challenge of Big Tech -V Sridhar
-The Hindu The issue is about checking their Monopoly power while encouraging their positive externalities and consumer surplus There are ongoing investigations worldwide, including in the European Union and the United States, on the abuse of monopolistic power by the Big Tech firms, especially Facebook and Google. Many compare this with the earlier antitrust investigations in the U.S. on the telecom industry and the break-up of the AT&T dictated by the Department...
More »How Promising Is the Food Processing Industry for Indian Agriculture? -Seema Bathla and Siraj Hussain
-TheWire.in Due to cultural reasons, India has a relatively small market for processed foods, and a number of factors afflict the food processing industry. In the light of recent farmer protests, there have been apprehensions that corporates will develop a Monopoly over agricultural markets, purchase large quantities of cereals at cheaper prices and sell processed products made from them at very high prices. These apprehensions do not seem very plausible in the near...
More »Who are Shetkari Sanghatana, the group backing govt on the farm laws? -Parthasarathi Biswas
-The Indian Express While the Sanghatana has supported the farm laws, it has also demanded that the ban on the export of onions be removed forthwith — and has threatened to pelt BJP MPs with onion bulbs if the central government did not accede to the demand. On Monday, some farmers’ unions met Agriculture Minister Narendra Singh Tomar to express support for the three farm laws against which thousands of farmers are...
More »Firing a warning shot across big tech’s bows -Jayati Ghosh
-The Hindu Lawsuits and regulatory moves in the West suggest that their easy, unchecked expansion may be coming to an end It was a long time coming, but the day of reckoning for the big digital companies may finally have arrived. Despite the growing Monopoly power of big tech and their use of anti-competitive practices, earlier attempts to regulate them (such as an attempt by the U.S. Department of Justice in 1998...
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