Technology-based innovations and the dynamics of their commercialisation have piqued the interest of entrepreneurs and the business community. Compared to traditional "brick and mortar" markets, competition in the digital economy necessitates more attention. The two-way user community that links the service supplier and the consumer is a distinctive feature of the digital economy. The abuse of the dominant position in the digital market is becoming more widespread than in traditional marketplaces. One of the numerous variables contributing to the rise in abuse of the dominant position in the digital market is the lack of entry restrictions. Google is one such example criticised for stifling competition and innovation. Furthermore, Mergers and Acquisitions is a robust platform that can foreclose future markets and curb innovation; instead of competing on merits, it would leverage its market power and is likely to prevent others from competing on merits. The Whatsapp-Facebook merger, a landmark transaction, was regarded as a restriction of competition in the relevant market. In a series of cases, the Competition Commission of India has highlighted blatant problems in identifying and interpreting the CCI’s jurisdiction after technological advancement. The paper will discuss anti-competitive aspects, the effects of mergers and acquisitions, and the privacy risks of the digital economy, with an emphasis on the Indian scenario.
