Systematically Significant Digital Enterprises

Under Digital Competition Bill (DCB), 2024

Criteria for Designation

An enterprise may be designated as a Systemically Significant Digital Enterprise in accordance with Section 4 of Digital Competition Bill (DCB), 2024, in respect of a Core Digital Service if it has a significant presence in the provision of such Core Digital Service in India.

Financial and User Thresholds

As per Digital Competition Bill (DCB), 2024, an enterprise shall be deemed to be a Systemically Significant Digital Enterprise in respect of a Core Digital Service if:

  • It meets any of the following financial thresholds in each of the immediately preceding three financial years:
    1. Turnover in India of not less than INR 4000 crore; OR
    2. Global turnover of not less than USD 30 billion; OR
    3. Gross merchandise value in India of not less than INR 16000 crore; OR
    4. Global market capitalisation of not less than USD 75 billion, or its equivalent fair value of not less than USD 75 billion calculated in such manner as may be prescribed.
  • AND
  • It meets any of the following user thresholds in each of the immediately preceding three financial years in India:
    1. The core digital service provided by the enterprise has at least one crore end users; OR
    2. The core digital service provided by the enterprise has at least ten thousand business users.
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Credits

Ninad Shah contributed to the conceptual framework. Vikram Ranjan developed the code. Navneet Sharma conceptualized and led the development of the SSDE Calculator. Feedback and suggestions are welcome at: nas@circ.in

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