Digital Competition Bill: Nasscom calls for further discussions, strengthening current framework
In submission to MCA notes that such regulations require more careful and in-depth examination of market realities
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In submission to MCA notes that such regulations require more careful and in-depth examination of market realities
Ex-ante regimes tell businesses precisely how to behave, or what to do. Under the current ex-post regime of the Competition Act, companies are only required to ensure that their conduct in the market is not anti-competitive. An overlapping ex-ante regime proposed under the digital competition Bill will force tech companies to comply with parallel legislation and undertake measures for additional compliance, the IAMAI said.
The tech giants are calling for the current competition law to be strengthened rather than moving towards an ex ante framework, which are preemptive measures that aim to disallow or discourage certain practices
Undisclosed fees or "drip pricing" was recently recognized in the Competition Act as a harmful business practice, and the Competition Bureau is cracking down.
The probe follows a complaint by Stand.earth alleging that the yogawear maker is misleading consumers about its environmental impact.