India’s parliamentary standing committee on finance has recommended that the government should enact a digital competition law to keep a check on the business conduct of Big Tech and ensure a fair digital ecosystem for startups.
- The committee’s report on ‘Anti Competitive Practices by Big Tech Companies’ was tabled in parliament Thursday: statement
- Panel recommended that a small group of leading tech players, which can negatively influence competitive conduct, should be identified as systemically-important digital intermediaries
- Competitive behavior of these companies needs to be evaluated to avoid monopolizing markets
- These digital intermediaries must provide access to third-party undertakings, providing online ...