Competition and Industry News
Rajya Sabha passes Consumer Protection Billedit
The bill seeks to establish authorities for timely and effective administration and settlement of consumer disputes Parliament on Tuesday approved a new bill to revamp the process of administration and settlement of consumer disputes, with strict penalties including jail term for adulteration and misleading ads by companies. The Consumer Protection Bill 2019, already passed by Lok Sabha, was approved in the Upper House by voice vote and will replace the Consumer Protection Act, 1986.
Publication: The Hindu BusinessLine
Date: August 7, 2019
policyFacebook urged to shut groups seeking fake Amazon reviewsedit
Facebook was urged in June by the Competition and Markets Authority to probe the sale of fake reviews via these groups. Which? claimed to have uncovered several active groups that recruited people to write fake testimonies. Facebook said it had removed almost all the groups reported to it and was still investigating the issue. For its investigation, Which? said it joined 10 separate Facebook groups looking for recruits. In a 30-day period, it said, recruiters added more than 55,000 posts to the groups that offered free products to people who wrote highly-rated reviews on Amazon.
Publication : BBC
Date : August 7, 2019
AmazonreviewsUKA new framework for consent to ensure data privacyedit
In a recent paper, titled The Market For Data Privacy, Tarun Ramadorai and his co-authors describe an interesting study they carried out on a large sample of privacy policies to evaluate the extent to which the content of these policies affected the manner in which personal data was transferred. They discovered that even though large firms with only an intermediate level of knowledge capital intensity had longer, more legally watertight policies, they were more likely to share the browsing history of their users with third parties.
Publication : Livemint
Date : August 7, 2019
data privacyIndia’s Personal Data Protection Bill: What we know so faredit
On July 27, 2018, the Srikrishna Committee published a draft bill for a new, comprehensive data protection law, the Personal Data Protection Bill 2018 (PDPB) in response to a mandate the Indian government received from the Indian Supreme Court the previous year following its ruling that recognized privacy as a fundamental right. While the bill has not yet been passed it, Telecom and IT minister Ravi Shankar Prasad has made it a priority to take the data protection bill to Parliament during his current term.
Publication : Moneycontrol
Date : August 6, 2019
Data Protection Bill