Digital competition law panel to get time to file report
Digital Competition Law, constituted to examine the need for a separate fair trade law for the digital markets, is set to get more time to prepare its report, given the complexity of issues involved in the fast-evolving digital landscape, people aware of the development said. The panel under corporate affairs secretary Manoj Govil, set up on February 6, was initially granted three months to submit its report.
Subsequently, it received extensions of one month each, with the latest deadline being July 5. «The committee's deliberations are over.
However, the draft report is yet to be firmed up, which would be followed up by final sets of deliberations (before the report is presented to the government). So, another extension is required,» one of the persons told ET.
A one-month extension is expected, said another person aware of the matter. The panel was to examine the need for an ex-ante regulatory mechanism for digital markets through a separate law and to study international best practices, among others, for coming out with its recommendation.
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