As 2024 unfolds, India grapples with regulating Big Tech as the Committee on Digital Competition Law (CDCL) faces internal discord on the need for a separate law. Big Tech fears innovation stifling, opposing a proposed Digital Competition Law, while the government advocates for a code of conduct ensuring startup competitiveness. The CDCL, missing its December 31 deadline for the sixth time, mirrors global struggles in balancing innovation and regulation in digital markets. Simultaneously, the Parliamentary Standing Committee on Finance recommends ex-ante regulation, drawing parallels with the EU’s Digital Markets Act. India stands at the nexus of digital evolution, navigating the delicate dance between progress and control.
