EU-STYLE LAW. Govt calls key meeting on draft digital competition law

A big move is afoot on the EU-style digital competition law under consideration, posing a challenge to tech firms by laying out strict compliance obligations that can impact their business model. The Ministry of Electronics and Information Technology (MeitY) has scheduled a crucial meeting with industry associations on Thursday to discuss the draft Digital Competition Bill (DCB).

DCB has proposed this ex-ante law for digital markets to regulate enterprises that have a significant presence in India. India’s digital economy is expected to touch the $1 trillion mark by 2027-28, according to government estimates.