ENA Sectors 2025-03-18 14:31:19 <p><span style="font-size:14px"><strong>New Delhi, Mar 18 (KNN)</strong> The Indian government is currently reviewing stakeholder feedback on the Draft Digital Competition Bill (DCB), which aims to regulate anti-competitive practices in the digital economy.</span></p> <p><span style="font-size:14px">The Ministry of Corporate Affairs (MCA) is assessing inputs received during the consultation period from March 12 to May 15, 2024.</span></p> <p><span style="font-size:14px">The bill was drafted by the Committee on Digital Competition Law (CDCL), following recommendations from the Parliamentary Standing Committee on Finance.</span></p> <p><span style="font-size:14px">The CDCL analysed global and domestic regulatory frameworks and conducted closed-door consultations with industry bodies, small businesses, think tanks, and major technology firms to ensure a balanced approach to competition regulation and innovation.</span></p> <p><span style="font-size:14px">Additionally, the Ministry of Electronics and Information Technology (MeitY) hosted stakeholder discussions from June 18 to 20, 2024, to gather further perspectives.</span></p> <p><span style="font-size:14px">Reports indicate that MeitY has suggested removing the ex-ante provision, which imposes preemptive regulations on dominant digital players, from the bill for now.</span></p> <p><span style="font-size:14px">With feedback from over 100 stakeholders, including digital enterprises and legal experts, the MCA is carefully examining their concerns before finalizing the legislation.</span></p> <p><span style="font-size:14px">The bill is expected to shape Indias digital competition landscape by ensuring fair market practices while promoting technological advancements.</span></p> <p><span style="font-size:14px">As the government works towards a final version of the bill, industry watchers and policy experts are keenly observing how the proposed law will impact the digital economy.</span></p> <p><span style="font-size:14px">The balance between regulation and innovation remains a key focus, ensuring that Indias digital market continues to thrive while safeguarding fair competition.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 41423 https://knnindia.co.in/news/newsdetails/sectors/government-reviews-feedback-on-draft-digital-competition-bill 2025-03-18 14:31:19 knnindia.co.in