The Dialogue is pleased to share its submission to the Ministry of Corporate Affairs on the Report of the Committee on Digital Competition Law (CDCL) and the Digital Competition Bill, 2024 (DCB). The CDCL Committee released its report (‘the Report’) recommending an ex-ante framework for the regulation of digital markets along with the DCB.
Our submissions consists of the comprehensive comments on the report & the DCB, highlighting key areas of concern and recommending modifications. We emphasise the necessity of considering alternative modes of intervention to avoid high error costs and potentially ineffective frameworks. Additionally, we highlight the importance of increased stakeholder consultations, ensuring input from a wide array of sectors including MSMEs, startups, gig workers, non-technology companies, and civil society organisations. Furthermore, robust evidence collection is also crucial to assess the potential efficacy and impact of the proposed ex-ante framework. These steps are essential for developing an effective, inclusive, and balanced digital competition law that fosters innovation while protecting competition in India’s digital markets.
