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Commerce and Industry Minister Piyush Goyal said all e-commerce companies should follow the Indian laws and do not use muscle or money power to hurt the interests of the country
In the Biden era, the Reaganite consensus is finally breaking down. Illustration by Tim Lahan In a 1981 speech to the boards of the World Bank and International Monetary Fund, President Ronald Reagan expressed one of the central ideas of the coming era. “The societies which have achieved the most spectacular, broad-based economic progress … believe in the magic of the marketplace.” I have long thought that this and many other Reagan speeches were extraordinary examples of what Michael Sandel has called public philosophy—an attempt “to bring moral and political philosophy to bear on contemporary public discourse.” Antitrust: Taking on Monopoly Power From the Gilded Age to the Digital Age
Airlines demand financial assistance April 13, 2021 On the dot: The airline industry views punctuality as the only benchmark of efficiency - VIJAY BATE On the dot: The airline industry views punctuality as the only benchmark of efficiency - VIJAY BATE× Want a tab to be kept on predatory pricing Affected by the second wave of Covid-19 and fall in demand for air travel, a section Indian airline companies have demanded financial assistance from the Ministry of Civil Aviation. According to sources, the representatives of the airlines met the Aviation Secretary, and also requested that a a tab be kept on predatory pricing of airfares among other things.
Amazon documents reveal secret strategy to dodge India’s regulators Updated: Updated: February 18, 2021 13:30 IST Traders in India have long alleged that Amazon’s platform largely benefits a tiny number of big sellers and that the American giant engages in predatory pricing. Share Article AAA Jeff Bezos, founder of Amazon, attends a company event in New Delhi, India on January 15, 2020. | Photo Credit: Reuters Traders in India have long alleged that Amazon’s platform largely benefits a tiny number of big sellers and that the American giant engages in predatory pricing. It was early 2019, and senior Amazon.com Inc executive Jay Carney was preparing for an important meeting. The former press secretary to U.S. President Barack Obama, Mr. Carney was scheduled to talk with India’s ambassador to the United States in Washington, D.C. In Delhi, the government had just announced foreign direct investment regulations that threatened to disrupt Amazon’s business in the world’s second most populous country.
To embed, copy and paste the code into your website or blog: In a release, Komisi Pengawas Persaingan Usaha (KPPU) – the Indonesian Competition Authority, published its first Article 20 (Predatory Pricing) decision. The KPPU Decision No. 03/KPPU-L/2020 was issued on a virtual hearing on 15 January 2021, whereby KPPU found that PT Conch South Kalimantan Cement (CSKC), subsidiary of Anhui Conch Cement Co. Ltd., to have violated Article 20 of the Law No. 5 of 1999 on the prohibition of monopolistic and unfair business practices (the Indonesian Competition Law). The full decision is yet to be uploaded and accessible to the public. Please see full Publication below for more information.
In summary Rights holders have traditionally turned to court litigation to protect IP rights such as patents, copyrights, trademarks and trade secrets – or to enforce IP licensing agreements. This brings certain challenges, such as a public forum, unfamiliar laws and procedures, judges with varying IP law expertise, concern for national interests, and the risk that a judgment cannot be enforced in other jurisdictions. Arbitration offers an alternative mechanism and has a number of advantages, including confidentiality, a neutral forum or a single forum, the ability to select arbitrators with technical expertise, symmetrical risk for licensors, and cross-border enforceability of arbitral awards. This chapter considers the viability and desirability of arbitration as a means of resolving cross-border IP and IP-related disputes with a focus on Asia.