Geeta Gouri (for Info only, not official)

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Geeta Gouri

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    ...Telecommunications is one sector where the changes have been disruptive and innovative, covering a wide range of services far removed from the traditional fixed-line telephones—the natural monopoly segment associated with the sector. More From Livemint » The telecommunication sector now includes networks, internet services, virtual markets, the Internet of Things, cloud computing and the entire gamut of services using the information highway with innovative approaches to combining voice and data. It is the digital space of virtual markets that promises growth to Indian start-ups and multifold benefits to consumers. Should this sector come under the purview of the Telecom Regulatory Authority of India (Trai) or the Competition Commission of India (CCI)? ...

    Live Mint on July 14, 2017, 12:02 a.m.

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    ...This shift in methodology has tremendous implications—not only for firms that come under the purview of the Competition Commission of India (CCI) but also in terms of the perspective on large size and market power. The Competition Act mandates all acquisitions of shares, voting rights, control or assets, mergers and amalgamations by domestic and foreign firms above a certain threshold to seek clearance from the CCI, primarily to ensure that these transactions do not create large firms that can exert market power. Notifications by the ministry have appropriately focused on thresholds only. The current notification signifies a policy shift that should be viewed as part of the government’s larger thrust towards “ease of doing business” in India. ...

    Live Mint on May 9, 2017, 1:48 a.m.

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    ...It is widely accepted that digital markets are subject to disruptive innovation, and that this limits the ability of large firms to exercise market power if they fail to innovate. Some have suggested that network effects and “lock in” serve to remove this competition tension from seemingly dominant firms. Proponents often invoke high-profile and data-rich digital firms such as Snapdeal, Flipkart, Jabong, Ola, Amazon, Google, Facebook and Uber as industry participants who need no longer compete because their databases are so vast. “Data immunity” is the new set of arguments for network lock-in effects. Persistence of scepticism on the anti-competitive effects of networks is not surprising. An earlier attempt at highlighting the benefits to consumers of networks found few takers despite a well-reasoned minority order of the Commission (MCX-SX v NSE). ...

    Live Mint on March 23, 2017, 4:13 a.m.

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    ...While it is well known that transactions, when conducted informally, keep activities out of the tax net, what is perhaps less known is the crucial role played by information in revealing the presence of cartels and of collusion which distorts the function of markets. The lack of critical information saw the attempt by the Competition Commission of India to break a cartel in the onion market reach a dead end. Insights gained from the case have convinced me about the need to hasten the process of modernization and formalization of payments. Digital payments force markets to modernize. December 2010 saw an unusual rise in the prices of onions, peaking at Rs70 a kg in the Delhi markets and Rs40 a kg in other markets, persisting for over two weeks. ...

    Live Mint on Jan. 19, 2017, 4:02 a.m.