Govt wants competition watchdog to review 'Big Four' auditing firms: Report

CCI will be asked to study if the accountancy firms are misusing their dominant positions

The Indian government wants the country’s antitrust body to assess whether the so-called “Big Four” auditing firms and their affiliates are hurting competition in any manner, a senior government official told reporters.
 
The Competition Commission of India (CCI) needs to conduct a survey or an investigation to assess whether the Big Four that include PwC, EY, Deloitte and KPMG are abusing their dominant position in the Indian audit market, said the official, who spoke about the matter on condition of anonymity.
 
India’s Ministry of Corporate Affairs, which holds that view, is yet to send any formal request to