Can CCI implement ‘hipster antitrust’ ideology without a change in laws?

In 2018, the lawyer Lina Khan — not even 30 years old at the time — spoke about a new movement in antitrust and competition law that she was key in spearheading: hipster antitrust. The movement was born out of greater scrutiny of the gatekeeping powers that big tech companies like Google and Amazon increasingly had, and a desire to hold them accountable for abusing their dominance.

In a matter of a few years, the movement has gained mainstream appeal not just in the US — where Khan now chairs the Federal Trade Commission — but also, surprisingly, in India. Over the last week, the Competition Commission of India fined MakeMyTrip, Oyo and Google hundreds of millions of dollars for abusing their gatekeeping powers.

Read full article on Entrackr.

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