India's corporate affairs ministry is seeking proposals for a market study on digital competition, focusing on 'Systematically Significant Digital Enterprises' and their impact on MSMEs, potentially leading to new regulations. This follows earlier plans for a Digital Competition Bill. The government favors a light-touch approach to AI regulation, believing existing laws address harms and avoiding rigid rules that could stifle development. A recent CCI market study on AI highlighted differing views on its revolutionary potential versus concentrated market growth, suggesting competition law enforcement to democratize the market.