What is Digital Competition Panel?

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Overview:

The first meeting of the digital competition law committee will be held on February 22.

About Digital Competition Panel

  • The Government of India has constituted a committee to study the requirement of the digital competition law and give suggestions regarding competition norms.
  • The panel will be headed by the secretary of the Ministry of Corporate Affairs (MCA). 
  • Committee Members: It is a 16-member committee of union secretaries, law experts, and industry stakeholders.
  • The Competition Commission of India (CCI) will provide secretarial and research assistance and logistic support to the panel.
  • Functions of the Panel: Review whether the Competition Act, 2002, and the rules framed under it are sufficient to deal with challenges posed by the digital economy.

Key facts about the Competition Commission of India

  • The Competition Commission of India has been established to enforce the competition law under the Competition Act of 2002.
  • The Commission consists of a Chairperson and not more than 6 Members appointed by the Central Government.
  • It works as a quasi-judicial body.
  • Nodal Ministry: The Ministry of Corporate Affairs.

 


Q1) What  is a Quasi-judicial body?

Quasi-judicial refers to a proceeding conducted by an administrative or executive official or organization that is similar to a court proceeding. 

Source: Digital competition law panel to hold first meeting on February 22