EU-India Competition Week on Digital Market Regulation Starts in India

EU-India Competition Week on Digital Market Regulation Starts in India
Photo: 05.12.2022 106

Experts from the European Union would share their experiences in applying antitrust laws to the digital economy and markets and the introduction of the EU's Digital Markets Act (DMA).

The European Union-India Competition Week, which was inaugurated on Monday by the competition commission of India’s (CCI) acting chairperson Sangeeta Verma, is expected to build the capacity of CCI officers in a rapidly evolving digital landscape.

During the event, which will last from December 5 to 7, European and Indian colleagues will also delve into investigating hub-and-spoke agreements, other atypical cartels and sustainable co-operation.

CCI and Directorate General for Competition of the European Commission had signed a Memorandum of Understanding in November 2013.

“This technical cooperation program has provided a platform for dialogue and exchange of good practices between competition authority officials and experts from the EU and India,” 

Verma said.

She noted that there is a need for competition agencies to develop innovative perspectives on how to apply the existing instruments suitably and devise new tools, where necessary.

The Deputy Head of the EU delegation, Seppo Nurmi said that the fifth India-EU Competition Week provides a platform to share views from two key economies on antitrust action in digital and technology markets as we attempt to find answers to these challenges and provides an opportunity to discuss how regulation can supplement competition enforcement.

Source: CCI

digital markets  India 

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