Market competition refers to the rivalry among businesses to attract customers. It drives innovation and efficiency. Healthy competition benefits consumers through lower prices and better quality. In India, market competition is regulated by laws to prevent monopolies. The economy thrives when multiple players exist in the market. This fosters growth and diversity in products and services available to consumers.
Big Tech companies faced multiple antitrust investigations and regulatory actions worldwide in 2024. The United States, European Union, India, and South Korea intensified scrutiny over market dominance, data...
In November 2023, the U.S. Department of Justice (DOJ) proposed remedies against Google following a federal judge's ruling on the company's monopoly in the online search market. This...