MakeMyTrip, in its submission to the Committee on Digital Competition Law (CDCL), said that it is in favour of ex-ante regulations for digital markets in India but “only to the extent that they are made applicable to select large horizontal platforms that have created economy-wide ecosystems”. It has, interestingly, opposed ex-ante regulations for the online travel market, the market in which it operates and holds a significant market share. It did not provide any reasons as to why it thinks the online travel segment should be exempted.
The comments were made public in the report released by the CDCL regarding ex-ante regulation in India, modelled after the Digital Markets Act (DMA), the EU’s new competition law. The Committee has also released the draft Digital Competition Bill,2024.
The draft bill prohibits large digital platforms, identified as Systemically Significant Digital Enterprises (SSDEs), from engaging in self-preferencing, restricting third-party apps,…