India Proposes Digital Competition Bill, 2024

The Indian government has proposed the Digital Competition Bill, 2024 to regulate major technology firms like Google, Facebook, and Amazon, ensuring they do not misuse their dominant positions. Modeled after the European Union's Digital Markets Act, the Bill introduces proactive regulation to prevent anti-competitive practices, identifies significant digital enterprises for stricter oversight, and addresses concerns over data misuse within corporate groups. While intended to foster fair competition and innovation, the Bill has faced criticism from tech giants over compliance burdens and potential impacts on smaller businesses.