New Delhi, Dec. 11 -- European Union's (EU's) framework for regulating digital market giants offers guidance, but India needs local norms, given the differences in the make-up of the two economies and the regulatory perspectives adopted, Competition Commission of India (CCI) chairperson Ravneet Kaur said on Wednesday.
This is the first time an Indian official has highlighted that the realities of the domestic economy are different, and that should play a role in framing a digital competition law, for which the government has brought out a draft bill for public feedback.
The regulator's comments about the need for local solutions assume significance because unlike the EU, which implemented a Digital Markets Act (DMA) with a code of condu...
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