Earlier this year, Google dropped a long-standing instruction from its code of corporate conduct. Don’t be evil. Long considered the search giant’s unofficial motto, it disappeared sometime between April and May. On 18 July, however, Google was reminded of it. Not through some internal company memo. But in the form of a record $5 billion fine, courtesy European Union (EU) regulators.
The EU’s Competition Commission, a watchdog body tasked with looking into antitrust allegations against companies, took action against Google for abusing the dominance of its Android operating system to push usage of its search engine.
Competition goes digital. Can the CCI keep up?
Even as the EU’s Competition Commission hit Google with a record $5 billion penalty for violating antitrust rules, the Competition Commission of India is still coming to terms with the nuances of regulating competition in the online space
The online market is the Competition Commission of India's (CCI) newest, most complex challenge
The very nature of online business escapes the traditional safety nets of the Competition Act
So, the CCI needs to learn to accurately identify potential abuse in online markets
But to do so, it must overcome a host of challenges. Is the CCI up to the task?