Competition law latest news

In this “whole of government approach” for regulation of digital markets, there is still a possibility that the proposed digital competition law may not see the light of the day and this cannot be ruled out, said experts.

It has also been tasked to prepare a draft DCA.
The panel will also have to examine whether existing provisions in the Competition Act and the rules and regulations framed under it are sufficient to deal with the challenges that have emerged from the digital economy.

The extended term of this panel, which was tasked to submit a draft Bill of proposed digital competition law, had expired on October 31.
CDCL will have to submit its report to the government including:

Indications are that even if the government were to finally go ahead and enact a digital competition law, the proposed framework is unlikely to be entirely patterned on the Digital Markets Act enacted by the EU.
This is significant as there has been wide speculation that India’s proposed digital competition law will be based on DMA.