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INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016 Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI) |
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| Paper Title: | CONTESTING MONOPOLY POWER: A LOOK AT BIG TECH AND ANTITRUST LAW |
| Authors Name: | V V BADARINATH , Vruddhula Dakshayani |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJNRD_206003
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| Published Paper Id: | IJNRD2309361 |
| Published In: | Volume 8 Issue 9, September-2023 |
| DOI: | |
| Abstract: | A huge revolution in market dynamics has developed as a result of capitalism's unrelenting advance and the unstoppable power of globalization, changing the conventional outlines of government control. Private companies are rapidly expanding into formerly monopolized areas, marking a new era of economic progress. Many of these companies are not only developing domestically but also worldwide, surpassing the limits of their inception. This paradigm change needs a detailed study of the conditions under which such companies operate in order to maintain a fair and competitive economy. The proliferation of private companies in various markets brings both promise and peril. In a dearth of favorable conditions, dominant companies might abuse their market position, establishing severe obstacles to entry for prospective competitors. Monopolistic tendencies limit competition, which has negative repercussions for consumers. It is imperative to nurture an optimal competitive climate in which market participants compete for dominance since this inevitably results in more substantial goods and services, greater efficacy, and a breeding ground for innovation. Perhaps most crucially, a competitive market implies considerably lower costs, which benefits every consumer. In an era marked by the ascendancy of private companies, safeguarding the principles of competition becomes paramount, ensuring that economic progress endures inclusive and accessible to all. This paper analyses the recent case against Google for abuse of dominance as a cornerstone and suggests some remedies for keeping a vigilant eye especially against the big tech companies and preventing them from abusing the competition. |
| Keywords: | Keywords: Abuse of dominant position, Unfair trade practice, Relevant Market, Google application, Consumer, Europe Economic Area, Europe Commissions, Competition Commission of India. |
| Cite Article: | "CONTESTING MONOPOLY POWER: A LOOK AT BIG TECH AND ANTITRUST LAW", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 9, page no.d477-d485, September-2023, Available :http://www.ijnrd.org/papers/IJNRD2309361.pdf |
| Downloads: | 000118754 |
| ISSN: |
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID:IJNRD2309361 Registration ID: 206003 Published In: Volume 8 Issue 9, September-2023 DOI (Digital Object Identifier): Page No: d477-d485 Country: Visakhapatnam, Andhra Pradesh, India Research Area: Social Science and Humanities Publisher : IJ Publication Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2309361 Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2309361 |
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ISSN: 2456-4184
Impact Factor: 8.76 and ISSN APPROVED
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