CCI and regulation of digital platforms and blockchain: Will it take a rule of reason; per se or a schizophrenic approach?

Dalvi, Manoj and Gadkari, Ahan (2022) CCI and regulation of digital platforms and blockchain: Will it take a rule of reason; per se or a schizophrenic approach? In: 31st European Conference of the International Telecommunications Society (ITS): "Reining in Digital Platforms? Challenging monopolies, promoting competition and developing regulatory regimes",, 20th - 21st June 2022, Gothenburg.

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Abstract

India's choice to control its markets was executed in two stages: one for each phase of the country's industrial strategy and philosophy towards resource allocation and market functioning. Between 1950 and 1991, the first phase was defined by a socialist ideology exhibited via a mixed economy and a propensity for government engagement in economic activities.1 During this time, policymakers were more concerned with avoiding economic power concentration than with stimulating competition. As the Indian economy modernised policymakers moved from preventing concentration of economic power as symbolised by the Monopolies and Restrictive Trade Practices Act (MRTP) of 1969 to the Competition Act 2002 ("Act")2 , to regulate anti-competitive agreements that have the potential to have a material adverse effect on competition in the Indian economy.3 In the modern Indian economy, the Competition Commission of India (CCI) has shown inconsistency in its enforcement on platform dominance; this inconsistency may now extend to blockchain as well. The purpose of this paper is to evaluate the necessity of new antitrust tools in the evolving economy of an emergent market and to push for more certainty in the CCI’s enforcement of anti-competition laws in India.

Item Type: Conference or Workshop Item (Paper)
Subjects: Social Sciences and humanities > Social Sciences > Law and Legal Studies
JGU School/Centre: Jindal Global Law School
Depositing User: Amees Mohammad
Date Deposited: 09 Nov 2022 06:42
Last Modified: 09 Nov 2022 06:42
Official URL: http://hdl.handle.net/10419/265617
URI: https://pure.jgu.edu.in/id/eprint/4789

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