Competition Law In India And Digital Market Structure

Prabhjot Singh Chahal, B.A. LLB., CT University

ABSTRACT

This research paper explores the dynamic landscape of competition law in the digital age, focusing on the challenges and implications posed by the rapid evolution of technology and the digital economy. The digital revolution has transformed the way businesses operate and has given rise to new forms of competition, presenting both opportunities and complexities for competition regulators worldwide. The paper begins by providing a comprehensive overview of the traditional principles of competition law and their historical context. It then delves into the unique features of the digital economy, such as platform markets, data-driven strategies, network effects, and artificial intelligence, that have reshaped market dynamics.

The central theme of this research paper revolves around the examination of how competition authorities have adapted and interpreted existing competition laws to address the specific issues arising in the digital economy. It critically assesses recent antitrust cases involving major technology companies and explores the effectiveness of regulatory measures and enforcement actions.

Furthermore, this paper highlights the ongoing debates and discussions among policymakers, academics, and industry stakeholders regarding the appropriate approach to regulating digital markets. It considers the merits and drawbacks of various regulatory models, including ex-ante and ex-post regulation, and analyzes their impact on innovation, consumer welfare, and market competition.

In conclusion, this research paper underscores the imperative need for a nuanced and adaptable approach to competition law in the digital age. It argues that an effective regulatory framework should balance the preservation of competition and innovation while safeguarding the interests of consumers and addressing the unique challenges posed by digital markets. The insights derived from this study contribute to the ongoing dialogue surrounding competition law's role in shaping the future of the global digital economy.