Suggestions from over 100 entities on Digital Competition Bill under consideration: FM
1 month ago

Suggestions from over 100 entities on Digital Competition Bill under consideration: FM

Live Mint  

New Delhi: The government consulted over 100 entities including some of the businesses likely to be impacted by the proposed digital competition law, such as Amazon, Apple India Pvt. The minister told the House in a written reply that pre-legislative consultations on the Draft Digital Competition Bill were held as per the ministry of corporate affairs’ policy. Closed-door consultations were held in March 2023 during the drafting of the bill, with entities and stakeholders likely to be impacted by the law, the minister informed. The proposed law has borrowed the concept of digital market gatekeepers who should abide by the code of conduct, from similar legislation in the European Union which became effective from 2 May 2023.

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