🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Digital competition law: Large internet firms not in favour of ‘ex-ante’ regulations
Economic Times
·
1y ago
Medial
Indian consumer internet giants Zomato, Swiggy, Flipkart, and Oyo are against new regulations proposed by a government-appointed committee to regulate potential abuses of antitrust laws. The committee suggested a new digital competition law with an ex-ante framework to address dominance abuse by big tech companies. While some Indian firms like Paytm and MakeMyTrip support the proposal with certain conditions, Zomato, Swiggy, Flipkart, and others argue that the regulations could stifle innovation and harm small players. Amazon and Flipkart also oppose ex-ante rules, highlighting the potential for increased compliance costs and regulatory overlap.
View Source
Related News
IAMAI view on draft Digital Law not shared by all constituents: four members tell MCA
Economic Times
·
1y ago
Medial
Four members of the Internet and Mobile Association of India (IAMAI) have expressed divergent views from the association's recent submission opposing ex-ante regulation proposed in the draft Digital Competition Bill (DCB). The companies believe that the IAMAI's submission does not represent the entire digital startup ecosystem and they urge the Ministry of Corporate Affairs to proceed with ex-ante regulations to combat the anti-competitive practices of Big Tech companies. They argue that opposition to ex-ante regulations will maintain the status quo and hinder competition and innovation. The companies emphasize the necessity of ex-ante regulation in the digital sector and highlight that other jurisdictions are implementing similar rules.
View Source
Big Tech says ex-ante antitrust regulations will hurt innovation
Economic Times
·
1y ago
Medial
Executives from a Big Tech company have expressed concerns about the proposed ex-ante regulations in India's draft Digital Competition Bill, comparing them to the European Union's Digital Markets Act (DMA) and its negative impact on user experience and innovation. They argue that the rigid rules of a DMA-like regime prevent innovations from benefiting users and restrict how platforms can operate. Critics also question the need for a new regulatory framework, as the Competition Commission of India already has powers to address anti-competitive conduct. Meanwhile, proponents argue that ex-ante regulations can benefit consumers by preventing harm in advance.
View Source
What the proposed digital competition law looks to regulate
Economic Times
·
1y ago
Medial
The Committee on Digital Competition Law has proposed a new digital competition law in India, aiming to regulate potential abuse of dominance by large digital companies. The draft legislation suggests introducing an ex-ante framework that empowers the Competition Commission of India (CCI) to monitor potential misconduct by major enterprises. The proposed law classifies digital enterprises based on their quantitative and qualitative criteria and imposes penalties of up to 10% of the global turnover of systematically significant digital enterprises. Stakeholder feedback on the draft legislation is invited by April 15. This initiative aligns with similar ex-ante regulatory approaches taken by the European Union.
View Source
Digital competition law after due process: Union Minister Harsh Malhotra
Economic Times
·
4m ago
Medial
Union Minister Harsh Malhotra announced that the digital competition law will be established following due process, with over 100 suggestions received on the draft Digital Competition Bill. The government is awaiting a report from the Ministry of Electronics and Information Technology. Malhotra stressed the importance of considering international digital market practices and implementing real-time market monitoring to ensure fair competition. The proposed law aims to include ex-ante measures for proactive oversight of large digital enterprises.
View Source
MeitY may ask MCA to keep ex-ante out of Digital Competition Bill for now
Economic Times
·
1y ago
Medial
The Ministry of Electronics and Information Technology (MeitY) is expected to propose that the ex-ante provision in the Digital Competition Bill (DCB) draft should be excluded from the legislation for now. The Ministry may suggest further consultations with industry, startups, and stakeholders before finalizing the draft. There is a general consensus that the ex-ante provision needs further consideration and it may not be the right time for its implementation. The DCB draft proposes giving the competition regulator preemptive powers in addition to its current reactive powers. Several stakeholders have expressed concerns about the provisions, including startups and industry groups.
View Source
IT Ministry to Propose the removal of Ex-ante provision from the Digital Competition Bill: Report
OutlookIndia
·
8m ago
Medial
The Ministry of Electronics and Information Technology (MeitY) is reportedly planning to request the Ministry of Corporate Affairs (MCA) to exclude the ex-ante provision from the proposed Digital Competition Bill (DCB) for now. The move follows discussions between the IT ministry, industry players, and representatives from MCA and the Competition Commission of India (CCI). Concerns were raised that provisions in the bill related to ex-ante and other aspects could be detrimental to Indian startups. The DCB aims to regulate digital markets and address anti-competitive practices by tech companies.
View Source
Indian Startups Pledge Support to Draft Digital Competition Bill; Say Ex-ante Norms Game-changer
OutlookIndia
·
7m ago
Medial
Nearly 40 Indian startups have come out in support of the draft digital competition bill, advocating for its 'ex-ante' regulations as a potential solution to combat anti-competitive practices of big tech companies. The startups, including Matrimony.com, TrulyMadly, Innov8, QuackQuack, Magicbricks, Hoichoi, and Medibuddy, have written to the Ministry of Corporate Affairs expressing their support and urging the government to move forward with the bill. They argue that the bill will address long-standing concerns and create a level playing field for Indian ventures while ensuring the growth and innovation of startups.
View Source
Need time to study impact of proposed digital competition law, say tech policy advocacy groups
Economic Times
·
1y ago
Medial
A group of 21 organizations and individuals, including Broadband India Forum, Deepstrat, the Internet Freedom Foundation, and the Dialogue, have requested a five-month extension to the May 15 deadline for providing inputs on the draft of the Digital Competition Bill. They argue that the extension is necessary to allow for research, involvement of stakeholders such as small businesses and consumers, and to study the impact of ex-ante regulations worldwide. The organizations also emphasize the potential impact on non-digital domains, jobs, and income generation. The government had previously extended the comment submission deadline to May 15 from April 15.
View Source
Draft digital competition bill will make business untenable: IAMAI
Economic Times
·
1y ago
Medial
The proposed Digital Competition Bill in India, which involves an ex-ante approach by the government, has been criticized by the Internet and Mobile Association of India (IAMAI). The IAMAI argues that this approach imposes unfair burdens on digital companies and could hinder venture investments in tech startups. The association also raises concerns about the subjective criteria for designating companies as systemically significant digital enterprises (SSDE). This ex-ante regulation could lead to increased operational costs and harm for businesses, according to the IAMAI. The draft Bill aims to introduce additional compliance measures for tech companies, potentially affecting their scalability and profitability.
View Source
ETtech Explainer: Why does X support proposed digital competition law while Meta, Google, Apple oppose it?
Economic Times
·
1y ago
Medial
Microblogging site X, previously known as Twitter, is the only social media company supporting an ex-ante regulatory framework proposed by the Committee on Digital Competition Law (CDCL). They believe that regulatory institutions should be equipped with skilled academics to monitor technological developments. X also emphasizes the importance of carefully defining Systemically Important Digital Intermediaries (SIDIs) and complying with data protection norms. Unlike other tech giants, X isn't classified as a gatekeeper platform, therefore, the proposed ex-ante restrictions won't significantly impact their business. While X supports the regulation, they also highlight the need to avoid over-regulation that may hinder digital aspirations and innovative growth.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
