Daily Current Affairs on Committee to examine competition law for digital companies for RBI Assistant Exam Preparation

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Committee to examine competition law for digital companies

The Govt. set up a special committee to examine the need for a separate competition law for digital companies. With digital technologies blooming exponentially, the need for regulating e-commerce and other digital competitions becomes vital. 

  • According to an order by corporate affairs ministery, the 16 member committee will be headed by the secretary and include the chairperson of the competition of India (CCI).
  • The Competition Commission of India is to examine the rules and regulations required for digital competitions in the country. It will decide upon legislating Digital Competition Law.

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