Antitrust Regulations: Importance for India’s Digital Economy

• Sherman Act safeguards global market competition, including in India.

• Technology’s rise has shaped societies and markets, forming the global ‘digital economy’.

• India’s domestic digital economy contributes 11.74% to its GDP.

• Government supports tech start-ups, growing from 2,000 in 2014 to over 31,000 in 2023.

• Google’s dominance in the digital economy leads to discriminatory outcomes.

• Domestic antitrust regulators crack down on Google, preventing restrictions on third-party payment systems.

• Rising monopolisation increases business costs.

• Global tech giants require democratised distribution and monetisation for domestic start-ups.