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Digital Competition Law: Earlier this month in April, the government had extended till May 15 the timeline for the submission of stakeholder comments on the draft of the Digital Competition Bill. The original deadline for submission of comments was April 15.
To go or not go ex-ante way as proposed in the new Digital Competition bill ( DCB ) or to wait and watch the outcome of Digital Markets Act (DMA) enforced by EU, is the debate in India during this open consultation process that ends on 15th May, 2024
An urgency has been created in India to regulate Big Tech or digital giant platforms of a prescribed size on an ex-ante basis, following a global trend.
The draft Digital Competition Bill, which was released for public consultation on March 12, proposes further compliance obligations on large technology corporations
Indian digital companies urge Ministry of Corporate Affairs to implement ex-ante regulations to prevent Big Tech anti-competitive practices.