Competition Law in Digital Market: Need of Hour

The article discusses the sufficiency of existing competition law amid growing digital economy. The digital economy is growing at very fast pace. There are certain areas that are not covered under existing competition law with regard to digital market. In order to remedy the existing deficiencies, the Competition Amendment Act of 2022 was passed. The following article discusses the components and recommendations of Amendment Act and also discusses the “Report on Anti-competitive Practices by Big Tech Companies”, the necessity of ex-ante regulations and introduction of Digital Competition Act.