LAW ON DIGITAL COMPETITION

Aug. 24, 2022

To tackle unfair and predatory practices in the digital market space, the parliamentary Standing Committee on Finance in the first week of September will submit a report on how the competition law needs to evolve for the digital market.

About:

  • The majority of the tech companies which were invited to a meeting on this issue, however, expressed reservations about the necessity of any additional framework or law.
  • The European Union has recently passed the Digital Markets Act and Digital Services Act; there are several Bills pending in the British Parliament and the U.S. Congress associated with digital markets.
Source : The Hindu

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