
Digital competition law needed but discussion are necessary on best practices, says minister Malhotra
Live MintNew Delhi: The government is keen to bring in a new law to ensure fair competition in digital markets but further discussions are needed to ensure that global best practices are adapted to Indian market requirements, minister of state for corporate affairs Harsh Malhotra said on Sunday. Speaking at the national conference on economics and competition law organised by the Competition Commission of India in the capital, the minister said that the government has received about 100 suggestions on a draft Digital Competition Bill released for public feedback. The minister said that although the Competition Act was amended in 2023 to promote fair competition, there's a need for a separate law on digital competition so that Indian players do not suffer on account of anti-competitive practices by global players, that small Indian players are not dominated by large Indian players and that market competition remains fair. “Through the use of AI, we are Also read | Breaking digital competition law may cost up to 10% of global turnover In a little more than 15 years, CCI has looked at 1,300 anti-trust cases, out of which 1,180 have been disposed of, Kaur said.
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