Raichur MP calls for periodic CCI studies to curb market concentration
MP G. Kumar Naik has requested the Competition Commission of India to conduct periodic market studies to prevent excessive concentration in sectors like telecom and cement. He expressed concerns that consolidation negatively impacts employment and smaller firms.
Why it matters
Market concentration in essential sectors can lead to reduced competition, higher consumer costs, and job losses, making regulatory oversight critical.
MP for Raichur G. Kumar Naik has urged the Union government and the Competition Commission of India (CCI) to undertake periodic market studies in strategically important sectors to prevent excessive market concentration and safeguard consumer interests, employment and micro, small and medium enterprises (MSMEs).
In a statement issued on Monday, Mr. Naik said that, in response to a question raised by him in Parliament, the government had informed him that while the CCI had conducted a comprehensive market study of the telecom sector during 2020-21, it had not undertaken a similar sector-wide study of concentration or oligopolistic trends in the cement industry.
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