CUTS, a consumer activist has diverted the attention of Competition
Commission of India (CCI) towards misuse of dominant position by social
networking site Facebook, reports Economic Times.
CUTS stated that Facebook has all the potential to engage in anti-competitive and unfair business practices in the market for virtual goods purchased in social games through its Facebook Credit terms in India and therefore its activities in this regard need to be investigated by the CCI.
In a letter to the Competition Commission of India (CCI), CUT has written precisely regarding Facebook Inc and its newly introduced virtual currency 'Face-book Credits'. The new contractual agreement state that game developers using the Facebook platform must exclusively utilise Facebook Credits in the operation of their games. It also states that it must agree not to charge lower prices to consumers outside of Facebook, and must pay a 30 percent service fee for all Facebook Credit purchases which could be spent across various games or applications on the popular website.
CUTS stated that Facebook has all the potential to engage in anti-competitive and unfair business practices in the market for virtual goods purchased in social games through its Facebook Credit terms in India and therefore its activities in this regard need to be investigated by the CCI.
In a letter to the Competition Commission of India (CCI), CUT has written precisely regarding Facebook Inc and its newly introduced virtual currency 'Face-book Credits'. The new contractual agreement state that game developers using the Facebook platform must exclusively utilise Facebook Credits in the operation of their games. It also states that it must agree not to charge lower prices to consumers outside of Facebook, and must pay a 30 percent service fee for all Facebook Credit purchases which could be spent across various games or applications on the popular website.
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