IAMAI view on draft Digital Law not shared by all constituents: four members tell MCA
IAMAI) have written to the Ministry of Corporate Affairs, expressing divergent views from the association’s recent submission opposing ex-ante regulation proposed in the draft Digital Competition Bill (DCB).
The companies — Bharat Matrimony, Match Group, Hoichoi and ShareChat — said the industry body’s submission was not reflective of the entire digital startup ecosystem or IAMAI’s diverse membership of over 540 companies, and urged the ministry to proceed with ex-ante regulations at the earliest to curb what they deemed the anti-competitive practices of Big Tech companies.
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Offering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIndian School of BusinessProfessional Certificate in Product ManagementVisitMIT xPROMIT Technology Leadership and InnovationVisit«Only a miniscule percentage of these members opposed the ex-ante provisions introduced by the DCB, yet the submission predominantly echoes this minority perspective,» the companies alleged in a joint letter dated May 30 to Manoj Govil, secretary at the Ministry of Corporate Affairs. ET has seen the letter.
Ex-ante regulations are pre-emptive measures that aim to disallow or discourage certain practices. The current competition law, the Competition Act (2002), works on an ex-post framework where the Competition Commission of India (CCI) intervenes after an anti-competitive act has occurred.
«We believe that such opposition of ex-ante regulations and continuation of the ex-post
