A Legal And Economic Analysis Of The Draft Digital Competition Bill, 2024

The proposed Draft Digital Competition Bill, 2021 (DDCB) holds a liberal and progressive structure as a potential legislation which enunciates to handle the issues regarding digital markets in India. The legislation identifies Systemically Significant Digital Enterprises (SSDEs) as major actors in the digital economy and placed specific constraints on them in an attempt to reduce monopolistic conduct while encouraging innovation. This paper aims to provide analyses what the DDDCB wants to control which are anti-competitive strategies of overbearing technology firms; how it wants to do this by the imposition of anticipatory requirements, fines and rules on disclosure; and why such regulation is needed given that we are in the new digital economy characterized by dominance of network externalities, data advantage, and sparse competition