Policy Brief : Competition (Amendment) Bill, 2023: Changes in light of the Finance Committee’s Recommendations
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Aiming to add to the ongoing discourse on policy and regulatory approaches to addressing competition issues in digital markets, The Dialogue hosted a virtual roundtable discussion titled, ‘Future of Competition Policy in Digital Markets’ on March 10, 2023. The Roundtable opened with a panel discussion featuring Dr. Amar Patnaik, Member of Parliament, Rajya Sabha, Dr.
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INTRODUCTION The Parliamentary Standing Committee on Finance (the Committee) recently released its 53rd report on ‘Anti-Competitive Practices by Big Tech Companies’ (the Report). Thereafter, the MCA constituted a new committee to, among other things, analyse the need for a new ex-ante framework for digital markets and draft a new DCA. These developments come at a
This research brief has been formulated with the following objectives to summarise key amendments proposed by the Competition (Amendment) Bill, 2022 and analyse it. It traces the evolution of these changes over the past four years by looking at previous iterations of the Bill and recommendations of experts and provide recommendations on changes that would