Report of the Committee on Digital Competition Law
On 12th March, 2024, the Committee on Digital Competition Law submitted its report to the Ministry of Corporate Affairs.
The Committee was setup on 6-02-2023 to examine the need for an ex-ante regulatory mechanism for digital markets in India, review the current provisions of the Competition Act, 2002, assess sufficiency to deal with challenges emerging from digital economy, and evaluate the need for a separate legislation to regulate digital markets.
Key Observations and Recommendations
Need For Ex-Ante Regulation of Digital Competition
- The Committee noted that the current ex-post framework (intervening after an event occurs) under the Competition Act, 2002, ....