Evolving markets and technology create fresh challenges in competition law and policy, says Ravneet Kaur
The government-constituted panel on digital competition law has completed stakeholder consultations and is likely to finalise its report by the end of May, according to senior officials. The panel, chaired by Corporate Affairs Secretary Manoj Govil is examining various regulatory aspects in dealing with challenges emerging from the digital economy. It is also looking at the need for an ex-ante regulatory mechanism for digital markets through a separate legislation. The panel members will discuss various aspects as well as the inputs of stakeholders before finalising the report, the officials said on Thursday. They said the consultations with stakeholders have been completed. The panel was set up by the corporate affairs ministry in February, less than two months after a Parliamentary panel proposed having a new digital competition law to curb anti-competitive practices in the digital markets. Competition Commission of India (CCI) Chairperson, representatives from Niti Aayog, ...
A 10-notch slip in India's competitiveness calls for wider reforms
Singapore has moved up to the top, from the third position last year, while the US has slipped to the third place in the 2019 edition of the IMD World Competitiveness Rankings