The Ministry of Corporate Affairs (MCA) recently published the report of the Committee on Digital Competition Law (CDCL/Committee), along with the proposed Digital Competition Bill 2024 (DCB). Discussions on the subject date back to 2022, when the Parliamentary Standing Committee on Commerce addressed the necessity for regulatory frameworks for digital markets.
In December 2022, the Parliamentary Standing Committee on Finance released its 53rd report, which proposed implementing a new legislation known as the Digital Competition Act. Subsequently, a few months later, the MCA established the CDCL to scrutinise the subject matter and publish a draft law. This leads us to the current juncture, whereby the Committee has ultimately released its report along with the draft bill. The consultation period for filing the comments is until April 15th.
Towards this, The Dialogue is organising a series of consultations and briefings to catalyse more engagement with the industry, civil society, and other relevant stakeholders. The first briefing and consultation took place on March 21, 2024, with the following panellists:
• Prof Viswanath Pingali, Associate Professor, IIM Ahmedabad & Senior Fellow Economics, The Dialogue
• Mr Rahul Rai, Partner and Co-founder, Axiom5 Law Chambers
• Dr Aditya Bhattacharjea, Sr. Professor (Retd.), Delhi School of Economics
• Ms Modhulika Bose, Counsel, P&A Law Offices
The discussion was held under Chatham House Rules, and the views summarised in this report do not represent the views of the speakers’ organisation or The Dialogue.
