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The Indian Competition Authority approves a deal between an online platform and a telecom network provider aiming at providing local grocery stores access to e-commerce services (Facebook / JIO)

Background The Indian antitrust watchdog Competition Commission of India (‘CCI’) approved the popular Facebook-JIO deal (‘the deal’) on June 25, 2020. The approval came two months after Facebook announced to invest whopping $5.7 billion in Reliance Industries Limited’s (‘RIL’) subsidiary JIO Platform Limited (‘JIO’) via which Facebook now holds 9.99 percent stakes in JIO. The deal is touted to be a bonanza for an exponential number of local grocery stores by giving them access to the world of digital possibilities. However, the massive user-base of Facebook and JIO also creates a possibility for them to harvest and use the colossal amount of data that they control for indulging in anti-competitive activities, such as data leveraging, price discrimination, entry barriers, and customer

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Authors

  • Saikrishna (New Delhi)
  • National University of Study and Research in Law (Ranchi)

Quotation

Subodh Prasad Deo, Hrishav Kumar, The Indian Competition Authority approves a deal between an online platform and a telecom network provider aiming at providing local grocery stores access to e-commerce services (Facebook / JIO), 25 June 2020, e-Competitions Preview, Art. N° 96011

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