CCI to set up in-house digital mkt data unit for regulating tech platforms

The Competition Commission of India (CCI) is in the process of setting up an in-house digital market data unit, which may act as a “force multiplier” for the competition regulator, while navigating challenges in regulating digital markets, a senior official said.

“Building capacities is a prerequisite for effective interventions in the markets. Therefore, regulators must equip themselves beforehand with necessary skills and capacities to deal with market distortions in complex technology markets. Realising this, the CCI is already in the process of establishing and operationalising digital market data unit,” Jyoti Jindgar Bhanot, secretary (I/c) of the CCI, said.

She emphasised on early intervention as a key to ensure that competitive landscape in digital markets is not distorted beyond repair.