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state monopoly Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. state monopoly Blogs, Comments and Archive News on ... Haveyoureadthesestories?Pak:ImranKhancancelsaddresstonationUpdated:Mar30,2022,08.56PMISTPakistanNationalAssemblyisexpectedtovoteonano-confidencemotionagainsttheImranKhangovernmentonApril3.ButalreadyKh... Malegaonblastcase:AnotherwitnessturnshostileTataSteeltoacquireSFML'sferroalloyassetsCiticustomerstocontinueavailingrewards:AxisCCSoksprocurementof15lightcombatcoptersSearch+HomeETPrimeMarketsNewsIndustryRISEPoliticsWealthMFTechJobsOpinionNRIPanacheETNOWMoreBusinessNews›statemonopolySEARCHEDFOR:STATEMONOPOLYView:TheimpactofafreeandcompetitivemarketplaceisessentialtoeveryconsumerandtothemarketaswholeInJanuary,theEuropeancourtshavereiteratedthattheconductofadominantcompanymustadverselyaffectcompetitionbeforebeingpenalised.TheUShasalwaysbeenunequivocalaboutthisrequirementandwillnotprohibitactionsofadominantenterprisewithoutclearindicationthatsuchactionsharmcompetitioninthemarkets.07Mar,2022,12.15AMISTStatesaskUScourttoreinstateFacebookantitrustlawsuitFacebookownerMetaPlatformsIncsaidthestateswerewrongtoaskforthedistrictcourtdismissaltobereversed."Therearenogroundsforoverturningthatdecisioninthecourtofappeals,"aMetaspokespersonsaid15Jan,2022,12.14PMISTChina'smarketregulatorfinesAlibaba,TencentforfailingtoreportdealsAccordingtopublicfilings,China'sStateAdministrationforMarketRegulation(SAMR)placedpenaltiesof500,000yuan($78,692)onthecompaniesperdeal,themaximumunderChina's2008anti-monopolylaw.05Jan,2022,09.40AMISTUAEplanningtoendmonopoliesofsomebigmerchantfamilies:ReportThegovernmentdidnotimmediatelyrespondtoReuters'requestsforcommentbutstatenewsagencyWAMquotedaMinistryofEconomystatementsayingadraftlawoncommercialagencieswasstillinitslegislativecycleand"itisstilltooearlytogivedetails".28Dec,2021,12.18AMIST'Livinghandtomouth':Europe'sgascrunchshowslittlesignofeasingConsumersintheEuropeanUnionandBritainfacefurthergaspricespikesthiswinterasflowsofRussiangasviamajortransitroutesareprovingtoolittle,toolate.22Nov,2021,10.45PMISTChinafinestechgiantsoveranti-monopolyviolationsBeijinghaslaunchedanti-monopoly,datasecurityandothercrackdownsontechcompaniessincelate2020.20Nov,2021,10.46PMISTAllNewsVideosHowtolook‘decent’atalovedone’sfuneralisnobody’smonopoly​​Wesupporttheyounglady.Thereisnomanualforgrieving,andRivera’sbereavementmaynotbetoeverybody’staste.Butthen,it’saprivatematter.Yes,evenwhensharedonsomethingaspublicasInsta.Theself-righteouscanbeblocked.01Nov,2021,09.12AMISTChina'sbillionaireJackMaonfirsttripabroadaftercrackdownonAlibabaJackMawillbeinEuropeforaseriesofbusinessmeetingsandanagriculturestudytour.Itwillbehisfirstoverseastripinmorethanayear.Previously,Maspentoneofeverythreedaystravellingin201820Oct,2021,11.35AMISTTaskforcereportrecommendsQuadstatestoexpandeconomicandtechrelatedpartnershipsTherecommendationscalledonthefour“Quad”countries-Australia,India,JapanandtheU.S.-toworktogethertostrengthenpharmaceuticalandcriticalmineralssupplychains,financialtechnologyandcybersecuritysystems,spaceand6Gtechnology,andunderseacommunicationscablesthatformthebackboneoftheInternet.22Sep,2021,12.24PMISTSaurabhMukherjea'sargumentonwhyconglomerateslikeRILarenotabusingtheirdominanceSaurabhMukherjea,thefounderandchiefinvestmentofficerofMarcellusInvestmentManager,hasarguedthatinIndia,thepublicshouldnotconfusealargemarketshareformonopolisticpractice.14Sep,2021,05.04PMISTChinesestatefirmstotakebigstakeinAnt'scredit-scoringJV:SourcesThepartnersplantoestablishapersonalcredit-scoringfirmtohandleAnt'streasuretroveofdataonover1billionconsumers,saidthepeople,addingthatitsownershipstructurecouldhelpreviveAnt'sblockbusterinitialpublicoffering(IPO)whichregulatorsputastoptowithjusttwodaystogo.01Sep,2021,01.32PMISTWhyissheprotectingprivatepowerdistributionmonopoly?:RKSinghonMamataBanerjeeBanerjeehaswrittentoPrimeMinisterNarendraModionSaturdayurginghimtorefrainfromtablingtheElectricity(Amendment)Bill2021inParliamentsayingitwillgivetheprivatesectorafreeruninpickinguphigh-endconsumers.09Aug,2021,06.25PMISTNitiAayogpitchesforgreateroperational,financialautonomyforstate-owneddiscomsInareporttitled'TurningAroundthePowerDistributionSector',NitiAayogsaidtheperformanceofstate-owneddiscomsisalsodeterminedbytheabilityoftherespectiveStateElectricityRegulatoryCommissions(SERC)torevisetarifffrequentlyandadequately.03Aug,2021,04.01PMISTToreachapeacedeal,TalibansayAfghanpresidentAshrafGhanimustgoShaheensaidtheTalibanwilllaydowntheirweaponswhenanegotiatedgovernmentacceptabletoallsidesintheconflictisinstalledinKabulandGhani'sgovernmentisgone.23Jul,2021,12.39PMISTPaytm'sRs740-croreloantofounderPaytm,slatedtogopublicinNovember,planstoloanRs740croretoitsfounderVijayShekharSharmatofundhispurchaseofaninsurancefirm.ItsshareholderswillvoteontheproposalonJune30.09Jun,2021,01.22AMISTView:TheBengalverdicthasramificationsbeyondthestateThatstateandnationalelectionshavedifferentdynamicsisatruism.Andit’sneverbeentruerthaninModi’sIndiaingeneral,andBJP’s2019campaign,inparticular.10May,2021,10.49AMISTChinafinesAlibabarecord$2.75bnforanti-monopolyviolationsTherulingCommunistPartyistighteningcontroloverChina'sbiggeste-commerceandotherinternetcompaniesandhaswarnedthemnottousetheirindustrydominancetostiflecompetition.10Apr,2021,03.22PMISTLiquorindustrywinsanti-trustsuitagainstUttarakhandstatearmTheCompetitionCommissionofIndia(CCI)haspenalisedtheUttarakhandAgriculturalProduceMarketingBoard(UAPMB)foranti-competitivewaysintheprocurementofIndianMadeForeignLiquor(IMFL)inthestate.03Apr,2021,08.07AMISTChinaconsiderscreatingstate-backedcompanytooverseetechdataThepreliminaryplan,whichisbeingledbythePeople’sBankofChina,wouldmarkasignificantescalationinregulators’attemptstotightentheirgripoverthecountry’sinternetsector.24Mar,2021,05.13PMISTFacebookaskscourttodismissUSgovernment,statesantitrustcasesTheFTCandstatesaccusedFacebookofbreakingantitrustlawtokeepsmallercompetitorsatbayandsnappingupsocialmediarivals,likeInstagramfor$1billionin2012andWhatsAppin2014for$19billion.11Mar,2021,11.49AMISTWilldelicensediscomstoendmonopolies:RKSinghThepowerministrywillsooncirculateadraftbillproposingamendmentsintheElectricityActtoomittheword‘distributionlicensee’toenablemorecompetitioninpowerdistribution.SinghsaidtheElectricityActof2003providesfordistributioninfrastructuresharingbyeligiblelicensees.03Feb,2021,07.18AMISTChinatargetsJackMa’sAlibabaempireinmonopolyprobeOncehailedasdriversofeconomicprosperityandsymbolsofthecountry’stechnologicalprowess,AlibabaandrivalslikeTencentHoldingsLtd.faceincreasingpressurefromregulatorsafteramassinghundredsofmillionsofusersandgaininginfluenceoveralmosteveryaspectofdailylifeinChina.24Dec,2020,12.03PMISTDiscomsaremonopolies,necessarytolaydownconsumerrightsinrules:PowerministerThegovernmenthaspromulgatedrulesforrightsofelectricityconsumers,whichprovideforpenaltiesuptoRs1lakhonpowerdistributioncompanies,UnionpowerministerRKSinghsaid.21Dec,2020,11.47PMISTView:Facebook'smonopolisticbehaviourneedstobeviewedthroughanewanti-competitionlensAndthisisthecruxofthecasebeinglevelledbytheUSFederalTradeCommission(FTC),and46USstates,againstFacebook.Bycontrast,only11statesareimplacablyopposedtoGoogle.ThecertaintyoftheirbeliefthatFacebookhasindulgedinanti-competitivebehaviourisonlymatchedbythelevelofdifficultyassociatedwithindictingitwithinaframeworkofoutdatedanti-trustlaws.18Dec,2020,11.31PMISTGooglehitwiththirdlawsuitasU.S.statessueoversearchmonopolyThestatesareaskingfortheirlawsuittobeconsolidatedwithonefiledbytheJusticeDepartmentinOctober,accordingtoastatementfromtheColoradoattorneygeneral'soffice.18Dec,2020,12.24AMISTView:IndianeedsacompleteregulatoryoverhaulOurregulatory&complianceprocesseshaveturnedouttobetheAchilles’heelofourCovidresponse.20Apr,2020,06.17AMISTFixtarifforbepreparedformonopoly:VodafoneIdeaVodafoneIdeaflaggedthe"deepfinancialdistress"inthetelecomsector,reflectinginunprecedenteddeclineinrevenues.Overthelastthreeyears,halfadozenoperatorshaveexitedbyeithermergingtheirbusinesseswithexistingTelecomServiceProviders(TSPs)ordeclaringbankruptcy,VodafoneIdeaLtd(VIL)rued.05Mar,2020,06.57PMISTQuantumsupremacychase:IndiainselectcountryclubOnceproven,thedisruptivetechcouldbeusedtohackintoanycybersecuritysysteminamatterofseconds.10Feb,2020,03.36PMISTMonopolyminertodeterinvestorsfromcoalmininginIndiaCompetitionfromanIndianstate-runmonopolymaystymiePM’seffortstoattractinvestments.11Jan,2020,07.13PMIST 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