The Digital Competition Bill, 2024: What’s the fuss about?
The HinduPublished : Jun 27, 2024 22:19 IST - 7 MINS READ On June 18, officials from the Ministry of Electronics and Information Technology met tech leaders to hash out the new Digital Competition Bill. Big enterprises, such as Google and Reliance, are apprehensive because the Bill’s aim is to prevent big firms from dominating the country’s digital market by making the digital space more fair and contestable. In its proposal, the Bill states that the CCI should identify certain core digital services like search engines and social media sites as “Systematically Significant Digital Enterprises ”. “A few categories of MSMEs and startups may benefit from the Bill through more choices of digital service providers and access to fairer terms and commissions,” Rizvi told Frontline. “Since the number of groups are also considered as a criteria to designate SSDEs, even companies with limited digital presence may get designated as they have more core services in the non-digital domain.
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