Regulating The Digital Economy: A Constitutional And Legislative Analysis Of The Digital Competition Bill
- IJLLR Journal
- 13 minutes ago
- 1 min read
Ashmeen Aggarwal, Army Institute of Law, Mohali
ABSTRACT
In the age of digitalisation of individual users, India is 3rd largest in the world. It is estimated to grow twice which will be nearly one—fifth of national income by 2029-30. As digitalisation of Indian market has taken place and is growing day by day statutory regulation becomes important specially for e-commerce entities. For example, Amazon, Flipkart, etc. which were accused of predatory pricing, self-preferencing. However, everything cannot be written in law and some power is delegated to subordinate authorities which is important for smooth functioning of any regulation. On the other hand, it should also be ensured that is delegation does not exceed its limit.
This paper deals with the legislative analysis of the digital competition Bill and its overlap with the Digital personal data Protection Act. It also compares the Bill with the Digital Markets Act of European Union to anaylsesss the loopholes on the bill and indicate that these should be amended in order to ensure smooth functioning of the Digitalised economy.