Distortions in digital market needs to be corrected promptly: CCI

Mumbai: With India emerging as one of the biggest and fastest digital economies, distortions in digital market need to be corrected promptly, Competition Commission of India chairperson Ashok Kumar Gupta said on Saturday. “With control over used data and online real estate, the digital platforms are in a unique position to shape and influence consumer choices on one hand and steer consumer traffic to their businesses to the other,” Gupta said while addressing the Annual Conference on Competition Law and Practice organised by the Confederation of Indian Industry (CII) along with Competition Commission of India (CCI).

The gatekeeper position of these platforms is giving rise to concerns over their competition and contestability, he noted.