Over 60 per cent of feedback on including cloud services under the DCB was negative, according to stakeholder consultations and netnographic sentiment analysis by the Consumer Unity and Trust Society (CUTS) International. ‘Competition Act sufficient to address harms’In a report titled ‘Competition Concerns in Cloud Services Market and Application of Indian Competition Law’, CUTS said that the existing Competition Act, 2002, empowers the Competition Commission of India (CCI) to curb and check most of the competitive concerns arising out of the cloud services market in India. It noted that the Indian cloud services market does not appear to show “strong tipping characteristics” like other online sectors such as e-commerce or food delivery. Story continues below this adCUTS further warned against overregulation of India’s cloud services market in the form of price controls. Status of the draft Digital Competition BillIn response to the Parliamentary Standing Committee on Finance’s report, the government-appointed Committee on Digital Competition Law (CDCL) submitted its report and draft Digital Competition Bill in February 2024.