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New Delhi: Yet again, one of the world’s premier technology companies, Intel, is facing severe antitrust regulation, particularly in Europe. This news emerges even as India’s own Competition Commission prepares to create an environment of regulated competition in the country. The mechanics of lopsided competition are clear: If a giant company crushes all of its smaller competitors, we as the consumers lose out.
But how does an authority decide when a company is violating competition law? How do you differentiate the advantage derived from simply having a better product from that derived from anti-competitive policies? And with the antitrust environments in Europe and the US already being so different, what sort of environment can we expect to emerge in India?
Our guest on Just to Clarify today is Vinod Dhall. Dhall is the former chairman of the Competition Commission of India.