The Hindu Editorial Vocabulary – Set 116

The Hindu Editorial Vocabulary Words with Meanings for various Exams: SBI PO/Clerk, IBPS PO/Clerk, RRB, RBI, LIC, NABARD, SEBI, SSC, UPSC, IPPB, etc.

We are providing vocabulary words from the Editorial articles in The Hindu newspaper which is important for all the upcoming competitive exams. Add some more words to your English vocabulary words list.

 

TOPIC – Making them pay

South Korea’s newest legislation, dubbed the ‘anti Google’ law, is something that Indian lawmakers should consider emulating. Last week, its Parliament passed an amendment to its Telecommunications Business Act with the aim of preventing app store operators, such as Google and Apple, from forcing app developers to use their in store payment systems, for which they charge exorbitantly. The new law is also a check on the unfair use of market position. With digital commerce becoming ubiquitous, and with the Googles and the Apples controlling this experience through their platforms, it has become imperative for government laws to regulate them. South Korea happens to be the first off the block. But a lot of other jurisdictions are not far behind. Australia, which only recently brought in a law to make Internet platforms pay media companies for displaying their content, is now reportedly thinking of bringing digital payment services such as Apple Pay, Google Pay and We Chat Pay under its regulatory ambit. The European Union’s draft law seeks to make these large platform companies, “gatekeepers” as it refers to them, comply with a set of dos and don’ts that gives the smaller companies a fair chance. The EU proposal is also centered on customers having more choice. But that is not all. In the U.S., last month, three Senators brought in a Bill much along the same lines. Introduced by Democrats Richard Blumenthal, Amy Klobuchar, and Republican Marsha Blackburn, it aims “To promote competition and reduce gatekeeper power in the app economy, increase choice, improve quality, and reduce costs for consumers.” All this is happening in the backdrop of the pending verdict in the well-known case in which Epic Games, the company behind ‘Fortnite’, sued Apple on this very issue. The legal move was triggered after Apple ousted Epic from its platform for putting up its own payment system, bypassing Apple’s. The app store operators are clearly on the back foot the world over. In India too, the angst of app developers has been evident in recent times. According to a report, Apple is facing an antitrust challenge in India from a Rajasthan based nonprofit called ‘Together We Fight Society’ on this issue. It remains to be seen if the regulator, the Competition Commission of India, orders an investigation. Last year, it started investigations into similar allegations against Google. A law to regulate app store operators is not a drastic departure from this government’s thinking on such issues. Only recently, it promoted the setting up of the Open Network for Digital Commerce to “democratize e-commerce” and “to provide alternatives to proprietary e-commerce sites”. The challenge, however, is to protect the smaller sellers and developers without undermining the eco-system for technological innovation.

 

The Hindu Editorial Words with meanings, synonyms, and antonyms

 

Emulating (verb) – Match or surpass a person or achievement

Synonyms – Contending, aping, impersonating, mimicking, begrudging

Antonyms – Disregard, supporter, overlook, original, differ

 

Exorbitantly (adverb) – Excessive or irregular manner

Synonyms – Extortionately, overly, immoderately, overmuch, grossly

Antonyms – Affordably, judiciously, mildly, quite, passably

 

Ubiquitous (adjective) – Being presents everywhere at once

Synonyms – Omnipresent, pervasive, rife, rampant, sweeping

Antonyms – Infrequent, sporadic, fabulous, stellar, aberrant

 

Imperative (adjective) – Requiring attention or action

Synonyms – Indispensable, crucial, requisite, peremptory, exigent

Antonyms – Trivial, ancillary, trifling, adjuratory, conjure

 

Ambit (noun) – Circuit or compass

Synonyms – Extent, sweep, gamut, bailiwick, hemisphere

Antonyms – Spotlight, forefront, focus, verge, midpoint

 

Verdict (noun) – Judgment

Synonyms – Decree, adjudication, conviction, deduction, inference

Antonyms – Accusation, prelude, indictment, enunciation, arraign

 

Ousted (verb) – Drive out or expel (someone) from a position or place

Synonyms – Expelled, ejected, supplanted, toppled, banished

Antonyms – Instated, retained, offered, admitted, elected

 

Evident (adjective) – Clearly revealed to the mind or the senses or judgment

Synonyms – Obvious, apparent, conspicuous, palpable, perceptible

Antonyms – Obscure, ambiguous, equivocal, vague, cryptic

 

Drastic (adjective) – Forceful and extreme and rigorous

Synonyms – Radical, draconian, desperate, stringent, swingeing

Antonyms – Complacent, frivolous, indulgent, pedant, fallible

 

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