Popular Media (ICLE)
Digital Rules? Not EU’s Way
The Economic Times
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In 2024, Ministry of Corporate Affairs (MCA) released a draft ex-ante digital competition law, following the lead of the EU’s Digital Markets Act (DMA). But does India need a new law that is an inspiration from a dubious DMA or is existing competition law enough?
India’s Competition Act 2002-especially in the wake of significant amendments made in 2023-offers a flexible and comprehensive framework to address anticompetitive conduct in the digital economy. It also includes sections that cover such core digital concerns as deep discounting, bundling, self-preferencing, exclusive tie-ups and the misuse of data by dominant platforms- without automatically prejudging whether such conduct is anti-competitive.