#Business

Matrimony.com, Sharechat, 2 other member companies counter IAMAI’s submission on draft digital competition bill

Matrimony.com and Sharechat are among four companies that have written to the Ministry of Corporate Affairs, saying they do not agree with the submissions on draft digital competition bill made by industry association IAMAI, of which they are members.

IAMAI’s submission, they claim, is not reflective of the entire digital startup ecosystem or its diverse membership of over 540 companies.

According to them, while only a small fraction of members have opposed the ‘ex-ante’ provisions introduced by the Draft Digital Competition Bill (DCB), yet the submission made by the association “predominantly echoes this minority perspective”.

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