The first meeting of the digital competition law committee will be held on February 22.

 

About Digital Competition Panel

  • The Government of India has constituted a committee to study the requirement of the digital competition law and give suggestions regarding competition norms.
  • The panel will be headed by the secretary of the Ministry of Corporate Affairs (MCA).
  • Committee Members — It is a 16-member committee of union secretaries, law experts, and industry stakeholders.
  • The Competition Commission of India (CCI) will provide secretarial and research assistance and logistic support to the panel.
  • Functions of the Panel — Review whether the Competition Act, 2002, and the rules framed under it are sufficient to deal with challenges posed by the digital economy.

 

About the Competition Commission of India

  • The Competition Commission of India has been established to enforce the competition law under the Competition Act of 2002.
  • The Commission consists of a Chairperson and not more than 6 Members appointed by the Central Government.
  • It works as a quasi-judicial body.
  • Nodal Ministry — The Ministry of Corporate Affairs