​India Proposes New Digital Competition Law to Regulate Big Tech

Recently, Indian government has proposed the Digital Competition Bill, 2024, aimed at curbing anti-competitive practices by tech giants like Google, Facebook, and Amazon, mirroring the EU’s Digital Markets Act.

  • The Ministry of Corporate Affairs (MCA) is handling the draft.

Predictive Regulation

  • Current Framework: India currently follows an ex-post antitrust framework under the Competition Act, 2002, addressing market abuse after it occurs.
  • Proposed Change: The draft Bill introduces a forward-looking, preventive ex-ante framework to pre-empt potential anti-competitive practices before they arise.
  • Rationale: This shift aims to address the rapid and complex nature of digital markets, reducing delays in regulatory actions that currently disadvantage smaller ....
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