Business Standard

Monday, December 23, 2024 | 08:41 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

CCI to set up in-house digital mkt data unit for regulating tech platforms

Jyoti Jindgar Bhanot, secretary of the CCI, emphasised on early intervention as a key to ensure that competitive landscape in digital markets is not distorted beyond repair

Photo: PTI
Premium

Photo: PTI

Sourabh Lele New Delhi
The Competition Commission of India (CCI) is in the process of setting up an in-house digital market data unit, which may act as a "force multiplier" for the competition regulator, while navigating challenges in regulating digital markets, a senior official said.

"Building capacities is a prerequisite for effective interventions in the markets. Therefore, regulators must equip themselves beforehand with necessary skills and capacities to deal with market distortions in complex technology markets. Realising this, the CCI is already in the process of establishing and operationalising digital market data unit," Jyoti Jindgar Bhanot, secretary (I/c) of the CCI, said.

She emphasised

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in