Market Competition News - Latest Updates & Headlines
Fintech Body flags UPI dominance by American Companies, seeks measures for fair competition
New Delhi, October 31: Industry body India Fintech Foundation (IFF) has written to the Finance Ministry warning that more than 80% of Unified Payments Interface (UPI) transaction volumes are currently handled by just two third-party app providers (TPAPs). The group has urged policy intervention to prevent systemic concentration and ensure fair competition within India's most critical digital payments channel.
AI adoption rapidly reshaping India's market dynamics, regulatory landscape: CCI study
New Delhi, Oct 7: The adoption of AI technologies in India is rapidly accelerating across various user sectors -- reshaping competition dynamics, business operations and regulatory response, according to a new study by the Competition Commission of India (CCI).
Samsung reviews visual display division as Chinese competition intensifies
New Delhi, September 15: Samsung Electronics is carrying out a management review of its visual display (VD) division in response to the rapid rise of Chinese TV makers such as TCL and Hisense, according to a report by Pulse, the English service of Maeil Business Newspaper Korea.
FMCG companies facing stiff competition from regional players on margins: Report
New Delhi, April 10: FMCG companies are currently navigating a tough business environment. They are dealing with rising competition from smaller regional brands and new-age direct-to-consumer (D2C) companies, according to a report by Axis Securities.
AI's role in modern markets could lead to collusion, says CCI chief
New Delhi, March 16: Artificial Intelligence (AI) is transforming markets and business operations, but it also poses risks, including the potential for enabling collusion and discrimination, Ravneet Kaur, Chairperson of the Competition Commission of India (CCI), said on Sunday.