MeitY meets firms to review concerns on Digital Competition Law
Indian policymakers Tuesday met industry representatives on the impact of the proposed Digital Competition Bill on data and digital markets after stakeholders seemed to have widely different opinions on the regulations, with some backing its provisions that others believe could deter investments.
Nine industry associations and representatives of government bodies, besides executives from some companies, were present at the MEITY meeting, sources said.
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Offering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitMIT xPROMIT Technology Leadership and InnovationVisitIndian School of BusinessProfessional Certificate in Product ManagementVisitAmong those who attended were the Internet and Mobile Association of India (IAMAI), MakeMyTrip, Alliance of Digital India Foundation (ADIF), Federation of Indian Fantasy Sports, Cyber Cafe Association of India (CCAOI), INSA and the Digital News Publishers Association. Members from the Competition Commission of India (CCI) and ministry of corporate affairs (MCA) attended the meeting as observers.
Industry body IAMAI argued that the proposed law will be a long-term deterrent to investment.
«The digital industry can't sustain dual laws: a Competition Act and the proposed ex-ante law, which is unfair. The definition of SSDE includes virtually all companies which is an overreach. The current Bill is not going to solve the revenue sharing issue. There are some genuine problems between platforms and BigTech,
