- ALSO READ
India-EU Competition Week on digital resolutions starts on Monday
16-member panel set up to draft Digital Competition Act within 3 months
Competition Bill may propose levying penalty on firms' global turnover
Compensation likely in settlement cases in revised Competition Bill
Digital competition law panel to hold first meeting on February 22
-
The digital competition law committee in its first meeting held on Wednesday decided to widen the ambit of its discussions by bringing more stakeholders to the table. The corporate affairs ministry is expected to include some domestic start-ups and news publishers in the panel, a senior official said.
The meeting which lasted several hours, was chaired by Manoj Govil, secretary, ministry of corporate affairs. The additional members to the committee will be nominated by Govil.
Several start-ups and news publishers had raised the issue of their non-inclusion in the committee earlier and said the panel seemed to be dominated by corporate lawyers, many of them representing the Big Tech.
“The whole idea behind the law is to protect the startups and small businesses from abuse of dominance of the big tech. Their representation is very important,” an industry official said.
The 16-member panel includes chairperson, The Competition Commission of India, Saurabh Srivastava, chairman, Indian Angel Network and co-founder of industry body NASSCOM.
Among the law firms on the panel are Haigreve Khaitan of Khaitan & Co, Pallavi Shardul Shroff of Shardul Amarchand Mangaldas & Co, and Anand Pathak, P&A Law Offices.
Subscribe to Business Standard Premium
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.
Download the Business Standard App for latest Business News and Market News .
First Published: Wed, February 22 2023. 23:47 IST
RECOMMENDED FOR YOU