This article delves into the key features of the new proposed Digital Competition Bill, 2024. Classification of Digital Enterprises: As per the proposed bill, the Competition Commission of India (CCI) shall designate enterprises which have significant presence in "Core Digital Services" (CDS) as "Systemically Significant Digital Enterprises" (SSDEs). ABC Digital Services and ABC Connect, each offering various digital services. ABC Digital Services and ABC Connect, which provide similar digital services will be designated as ADEs. ConclusionIn conclusion, the Digital Competition Bill is a crucial step towards regulating the digital economy, addressing concerns of unfair competition and practices and consumer protection.

Source: Economic Times May 30, 2024 06:00 UTC