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A government-appointed panel has proposed ex-ante regulations for large digital enterprises to curb any possible anti-competitive business practices. The Committee on Digital Competition Law (CDCL) came out with its report and draft legislation on Tuesday and has sought public comments. The panel was set up in February last year following a Parliamentary panel proposing to have a new digital competition law to curb anti-competitive practices in the digital markets. Among others, the committee has suggested an agile and principle-based framework for ex-ante obligations under the draft competition bill. Vaibhav Choukse, Partner at JSA Advocates & Solicitors, said the committee has recommended the "ex-ante legislation for pre-identified large digital enterprise i.e., big techs, with significant presence to proactively monitor their behaviour in the market".
Seafood and aquaculture firm King's Infra Inventures on Monday launched a digital platform 'SISTA360', that provides transparent, traceable and profitable solution for the entire acquaculture value chain. On its digital platform, the Bengaluru-based acquaculture startup provides sustainable protocols, quality inputs and one-stop solution to people engaged in the acquaculture business. "While the aquaculture sector has been relatively untouched thus far, I firmly believe that it holds immense potential to propel India toward its 10 trillion-dollar economic goal," Lok Sabha MP from Kerala N K Premachandran said at the launch. With SISTA360 services, King's Infra Ventures Chairman and Managing Director Shaji Baby John said, "I hope farmers will start on a new blue revolution. With only five per cent of natural resources been used, there is scope for growth in acquculture." Aquaculture farmers are a backbone of this sector, while processors and hatchers are accessories. "Unless farmers