Indian government extends public comment deadline for draft Digital Competition Bill and CDCL report to May 15, 2024.

The Indian government has extended the deadline for public comments on the draft Digital Competition Bill and the Committee on Digital Competition Law (CDCL) report to May 15, 2024, from the initial deadline of April 15. The draft bill aims to establish obligations for large digital enterprises, including news aggregators, to ensure fair competition and a level playing field in the digital space. It proposes penalties for violations, up to 10% of a company's global turnover, and ex-ante competition regulations to proactively monitor and curb unfair business practices.

April 09, 2024
5 Articles