Central Government forms panel on digital competition law

The government has set up a panel for examining the various regulatory aspects in dealing with challenges emerging from the digital economy.

According to sources, the panel will be chaired by Corporate Affairs Secretary Manoj Govil. One of the main tasks of the panel is to review whether existing provisions in the Competition Act, 2022, and the rules and regulations framed therein, are sufficient to deal with the challenges that have emerged from the digital economy.

It will also study the international best practices on regulation in the field of the digital markets as well as other regulatory regimes/ institutional mechanisms/ government policies regarding competition in the digital markets. It will further overlook the practices of leading players/Systemically Important Digital Intermediaries (SIDIs) which limit or have the potential to cause harm in the digital markets.