‘Whole government approach’ to be adopted for digital competition laws

Union ministers Nirmala Sitharaman and Rajeev Chandrasekhar on Tuesday mentioned numerous points associated to the digital competitors regulation. A panel chaired by Corporate Affairs Secretary Manoj Govil will likely be getting ready a report on digital competitors regulation, the place it is going to study numerous regulatory elements in coping with challenges rising from the digital economic system.

On Tuesday, Sitharaman, who’s in command of finance and company affairs ministries, held a gathering with Chandrasekhar, the minister of state for electronics and know-how in addition to entrepreneurship and ability growth.

“The two Ministers discussed in detail various issues on the ‘Digital Competition Laws’ and agreed that a ‘Whole Government approach’ should be adopted in the framing of provisions in this regard,” the finance ministry stated in a tweet.

Meanwhile, the panel was arrange by the company affairs ministry in February, lower than two months after a Parliamentary panel proposed having a brand new digital competitors regulation to curb anti-competitive practices within the digital markets.

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