{"id":3059,"date":"2023-02-20T12:33:52","date_gmt":"2023-02-20T07:03:52","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=3059"},"modified":"2025-03-26T10:03:09","modified_gmt":"2025-03-26T04:33:09","slug":"what-is-digital-competition-panel","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/what-is-digital-competition-panel\/","title":{"rendered":"What is Digital Competition Panel?"},"content":{"rendered":"<h2>About Digital Competition Panel<\/h2>\n<ul>\n<li>The Government of India has constituted a committee to study the requirement of the digital competition law and give suggestions regarding competition norms.<\/li>\n<li>The panel will be <strong>headed by the secretary of the Ministry of Corporate Affairs (MCA).\u00a0<\/strong><\/li>\n<li><strong>Committee Members:<\/strong> It is a 16-member committee of union secretaries, law experts, and industry stakeholders.<\/li>\n<li>The Competition Commission of India (CCI) will provide secretarial and research assistance and logistic support to the panel.<\/li>\n<li><strong>Functions of the Panel: <\/strong>Review whether <strong>the Competition Act, 2002,<\/strong> and the rules framed under it are sufficient to deal with challenges posed by the digital economy.<\/li>\n<\/ul>\n<h3>Key facts about the Competition Commission of India<\/h3>\n<ul>\n<li>The Competition Commission of India has been established to enforce the competition law under the Competition Act of 2002.<\/li>\n<li>The Commission consists of a Chairperson and not more than 6 Members <strong>appointed by the Central Government.<\/strong><\/li>\n<li>It works as a quasi-judicial body.<\/li>\n<li><strong>Nodal Ministry:<\/strong> The Ministry of Corporate Affairs.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<hr \/>\n<h3>Q1) What\u00a0 is a Quasi-judicial body?<\/h3>\n<p>Quasi-judicial refers to a proceeding conducted by an administrative or executive official or organization that is similar to a court proceeding.\u00a0<\/p>\n<p><strong>Source:<\/strong>\u00a0<a href=\"https:\/\/www.business-standard.com\/article\/economy-policy\/digital-competition-law-committee-to-have-first-meeting-on-feb-22-123021900749_1.html\" target=\"_blank\" rel=\"nofollow noopener\"><u>Digital competition law panel to hold first meeting on February 22<\/u><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Digital Competition Panel has been constituted to study the requirement of the digital competition law.<\/p>\n","protected":false},"author":5,"featured_media":3060,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-3059","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/3059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=3059"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/3059\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/3060"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=3059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=3059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=3059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}