The Ministry of Corporate Affairs (MCA) is seeking public input on a new Draft Digital Competition Law Bill. This initiative follows a report by the Committee on Digital Competition Law, established to assess the need for specific regulations in digital markets, particularly concerning anti-competitive practices by large tech firms. The report and draft bill are available on the MCA website, and public comments can be submitted until 15th April 2024.
MCA invites public comments on Report of Committee on Digital Competition Law and Draft Bill on Digital Competition Law
The Ministry of Corporate Affairs (MCA) had constituted Committee on Digital Competition Law (CDCL) on the recommendations of 53rd report of the Parliamentary Standing Committee on Finance on the subject titled ‘Anti- Competitive Practices by Big Tech Companies’ under the chairmanship of Secretary, MCA, to examine the need for a separate law on competition in digital markets. The Committee has submitted its report along with the Draft Bill on Digital Competition Law.
The MCA is inviting public comments on the said report and the Draft Bill. The Report is placed under the section ‘Data & Reports [Reports>>>Library(Expert Committee Reports)]’ on the website of MCA and may be accessed here
Copy of the same may also be accessed on the website of MCA under 'e-Consultation module' and comments/suggestions, if any, may be submitted on this module upto 15.04.2024.
FAQ :
The MCA is inviting public comments on a Report of the Committee on Digital Competition Law and a Draft Bill on Digital Competition Law.
The committee was formed to examine the need for a separate law on competition in digital markets, following recommendations from a Parliamentary Standing Committee report on anti-competitive practices by Big Tech companies.
The report and draft bill can be accessed on the MCA website under the 'Data & Reports' section (specifically 'Library > Expert Committee Reports') and also via the 'e-Consultation module'.
Comments and suggestions must be submitted through the e-Consultation module by 15th April 2024.
The committee was chaired by the Secretary of the MCA.