Stakeholders continue to oppose Digital Competition Bill at meet
9 months, 1 week ago

Stakeholders continue to oppose Digital Competition Bill at meet

Hindustan Times  

Thinktanks and other stakeholders continued their opposition to the draft Digital Competition Bill in the second meeting convened by the Union ministry of electronics and information technology on Wednesday. Stakeholders continue to oppose Digital Competition Bill at meet They argued that prescribing certain anticompetitive practices of Big Tech as illegal was unnecessary and would negatively impact medium, small and micro enterprises and start-ups in the country, lead to investor flight, and adversely affect market dynamics, four people aware of the matter said. Despite its support for an ex ante law, the think tank pointed out that the 2019 report by the Competition Law Review Committee had said that India had adequate legal architecture to deal with digital competition but the CDCL’s report and draft bill, released in March 2024, departed from it. CUTS International also said that the DCB would severely impact the user interface, creating unnecessary friction while accessing online services leading to customer drop-offs.

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History of this topic

Digital competition law needed but discussion are necessary on best practices, says minister Malhotra
2 weeks ago

Digital competition law needed but discussion are necessary on best practices, says minister Malhotra

Live Mint  

New 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 …

Centre In No Hurry To Introduce Digital Competition Bill, Says Harsh Malhotra
2 weeks ago

Centre In No Hurry To Introduce Digital Competition Bill, Says Harsh Malhotra

ABP News  

Minister of State for Corporate Affairs, Harsh Malhotra, said that the Indian government is not in a rush to bring the Digital Competition Bill as the authorities want to follow due process and conduct elaborate discussions on the proposed legislation before taking it forward. Looking Into Global Practices Malhotra further stressed the importance of analysing digital competition laws in other …

Suggestions from over 100 entities on Digital Competition Bill under consideration: FM
3 months, 3 weeks 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 …

Tech industry groups oppose plans for digital competition law
9 months, 1 week ago

Tech industry groups oppose plans for digital competition law

Hindustan Times  

Key industry associations representing technology companies, including Google and Meta, were almost unanimous in voicing their opposition to the ex ante competition regulation for digital markets in general, and the draft Digital Competition Bill in particular, in the third meeting convened by the government on the issue on Thursday, four people aware of the matter told HT. Chaired by IT …

India Inc raises concerns over draft Digital Competition Bill
9 months, 1 week ago

India Inc raises concerns over draft Digital Competition Bill

The Hindu  

India Inc on Tuesday raised its concerns over the draft Digital Competition Bill 2024 in a meeting chaired by MeitY Secretary S Krishnan. Internet and Mobile Association of India proposed recommendations for the Dual Legislation, saying the current Competition Act and the new bill for digital markets are unfair and untenable. The proposed Digital Competition Bill, which seeks to impose …

MeitY discusses draft Digital Competition Bill with stakeholders
9 months, 1 week ago

MeitY discusses draft Digital Competition Bill with stakeholders

Hindustan Times  

The ministry of electronics and IT on Tuesday held a meeting with industry lobby groups to discuss issues related to the impact of the draft digital competition bill that seeks to prescribe certain anticompetitive practices of Big Tech firms as illegal through ex ante regulation. The meeting was attended by officials from the IT and corporate affairs ministries and Competition …

Is the Draft Digital Competition Bill too restrictive?
10 months ago

Is the Draft Digital Competition Bill too restrictive?

The Hindu  

The Ministry of Corporate Affairs has put out a draft Digital Competition Bill to regulate anti-competitive practices in the digital space. The Bill has provisions for identifying Systemically Significant Digital Enterprises – basically large digital platforms. While the Bill seems well-intentioned, various stakeholders have expressed concerns that it is far too invasive and could stifle innovation, undermine the interests of …

Why Are Big Tech Companies Jittery About Digital Competition Bill? How Different It Is From The EU Law
10 months, 2 weeks ago

Why Are Big Tech Companies Jittery About Digital Competition Bill? How Different It Is From The EU Law

News 18  

Big tech companies, including Google, Facebook, Microsoft and Amazon will come under scrutiny as the Digital Competition Bill takes shape, which would stop them from self-preferencing their own services. The draft law, called the Digital Competition Bill, 2024, has provisions to set presumptive norms to curb anti-competitive practices before they actually take place, and promises to impose heavy penalties for …

MSMEs Want Govt to Relook Digital Competition Bill
11 months, 2 weeks ago

MSMEs Want Govt to Relook Digital Competition Bill

Deccan Chronicle  

The adverse effects of the proposed Digital Competition Bill on MSMEs' ability to access and compete in emerging markets, India SME Forum said in its letter to the government. As the provisions are focused on digital services, it limits the ability of SMEs to extract value from digital platforms and deter from adopting digital trade. This approach could hamper investments …

Govt-appointed panel proposes bill to curb anti-competitive practices by tech giants
1 year ago

Govt-appointed panel proposes bill to curb anti-competitive practices by tech giants

Hindustan Times  

New Delhi: The Committee on Digital Competition Law, constituted by the Union ministry of corporate affairs, has proposed a legislation to curb anti-competitive business practices used by tech giants such as Amazon, Google and Facebook. In the draft bill, the committee proposed that for certain “core digital services” such as search engines, web browsers and social networking sites, the Competition …

Panel urges govt to finalize digital competition bill
1 year, 8 months ago

Panel urges govt to finalize digital competition bill

Live Mint  

NEW DELHI : The parliamentary standing committee on finance, led by Jayant Sinha, on Thursday urged the Union government to finalise the digital competition bill at the earliest to check a slew of anti-competitive practices plaguing the digital markets. In December, Parliamentary Standing Committee on Finance recommended formation of Digital Competition Law, and defining Big Tech companies as Systemically Important …

Govt to ensure digital competition law doesn't over-regulate
2 years, 2 months ago

Govt to ensure digital competition law doesn't over-regulate

Live Mint  

The ministry of corporate affairs will consult other ministries on the stringency of emerging regulations on digital economy before it gives a final shape to a proposed Digital Competition Bill so that over-regulation does not stall a fast-growing segment of the economy, a person informed about discussions in the government said. The idea is to assess whether another layer of …

Technology companies wary of law on digital competition
2 years, 7 months ago

Technology companies wary of law on digital competition

The Hindu  

To tackle unfair and predatory practices in the digital market space, the Standing Committee on Finance will be submitting a report in the first week of September on how the competition law needs to evolve for the digital market. “In the first week of September, the Standing Committee on Finance will be submitting a report on the evolution of competition …

Reining in the power of tech giants
3 years, 2 months ago

Reining in the power of tech giants

The Hindu  

The story so far: On January 20, the U.S. Senate Committee on the Judiciary approved a bill that would prohibit Big Tech platforms, such as Amazon.com Inc., Facebook-owner Meta Platforms Inc., Apple Inc. and Alphabet Inc.’s Google, from favouring their products and services or ‘self-preferencing’. The American Innovation and Choice Online Act was introduced in Senate on October 18, 2021, …

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