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ARTICLE · 15 APRIL 2024

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Decoding India's Digital Competition Bill 2024: Navigating Market Regulation In Comparison To The EU's Digital Markets Act

Dhir & Dhir Associates
Dhir & Dhir Associates
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In the month of December 2022, the Parliamentary Standing Committee on Finance proposed the introduction of a new ex-ante legislation known as the Digital Competition Act (DCA).

IndiaAntitrust/Competition Law
Sonal Verma
Sonal Verma
Sonjuhi Kaul
Sonjuhi Kaul
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1. Background of Digital Competition Bill 2024 :

In the month of December 2022, the Parliamentary Standing Committee on Finance proposed the introduction of a new ex-ante legislation known as the Digital Competition Act (DCA). Following this, the Ministry of Corporate Affairs (MCA) established the Committee on Digital Competition Law (CDCL Committee) to evaluate the necessity and practicality of an ex-ante regulatory framework and to formulate a draft DCA. This gave rise to the report ('the Report') by the Committee advocating for an ex-ante framework to govern digital markets, alongside the Draft Digital Competition Bill 2024 ('DCB/the Bill'), that aimed specifically at regulating large digital enterprises termed as Systemically Significant Digital Enterprises (SSDEs).

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