Amongst different matters, the sources mentioned the committee has requested about whether or not the continued India-US bilateral commerce negotiations has any bearing on the progress of the digital competitors invoice.
The draft Digital Competition Bill 2024 seeks to place in place a number of obligations for giant digital enterprises, together with information aggregators, as efforts to make sure a stage taking part in area and honest competitors within the digital house.
It has additionally mooted ex-ante regulatory framework to forestall attainable monopolistic practices within the digital markets.
Nonetheless, numerous entities, together with the Web and Cell Affiliation of India (IAMAI), have raised issues about sure provisions of the invoice. The ministry is inspecting feedback acquired from the stakeholders. The panel has additionally requested about plans to have specialised folks and ample workers on the CCI’s digital markets division in an effort to successfully maintain a tab on competitors within the digital markets, as per the sources.
Additional, the sources mentioned particulars about allocation of funds to the CCI in addition to manpower energy and vacancies on the regulator have been sought by the panel.