Facebook-Jio deal under competition panel's review to prevent data misuse1 min read . Updated: 17 Jun 2020, 05:59 PM IST
- The competition commission looks to prevent misuse of data in all the deals it assesses, chairman Ashok Kumar Gupta said
- Facebook, in its application to the competition commission, argued that the deal does not alter the competitive landscape in any relevant market
India’s antitrust watchdog is reviewing Facebook Inc.’s purchase of a 10% stake in Reliance Industries Ltd.’s digital assets, a deal that would give the US giant another foothold in one of the world’s fastest growing internet markets.
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