Business Standard

Indo-US ties in a regulatory bind; aligning regulations can be a challenge

The dissonance will be the most glaring in the role of the Competition Commission of India, or CCI

India USA flags

Subhomoy Bhattacharjee New Delhi
As US and Indian companies, private and government, come together to explore sectors ranging from high-tech defence to space, energy and a range of IT services, they will likely force several regulatory changes, too.

A model for this can be seen in what has begun to happen between the US and the European Union (EU) with the establishment of their Joint Regulatory Forum. Every six months all the financial sector regulators on the two sides of the Atlantic come together to fine-tune their regulatory arrangements including two areas that will be most salient for India. These are rules for digital

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First Published: Jun 28 2023 | 6:52 PM IST

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