The chairperson of the Competition Commission of India (CCI), Ashok Kumar Gupta, has stated that because India is one of the fastest growing digital economies, market distortions will be investigated and corrected.
That is, CCI is looking into big tech companies’ market positions and how they shape and influence consumer choices.’ As a result, the Competition Amendment Bill, which will broaden the scope of inter-regulatory consultations, is being proposed. The challenges are now multifaceted, and policies and regulatory frameworks must adapt to a complex market, he said.