Next Article
India is drafting a new digital competition law
Business
India is working on a fresh digital competition law aimed at major tech players like Google, Meta, and Amazon.
Inspired by a government report from March 2024, the proposed law would set upfront rules for fair competition and norms on the use of consumer data.
What's the current status of the law?
Right now, government ministries are talking with stakeholders and prepping a market study to make sure the law fits India's unique needs.
Big tech companies aren't thrilled—calling the draft "prescriptive"—but Indian startups are backing it, saying it should focus on the biggest industry players.
Experts also want India to be proactive against unfair practices instead of just reacting after problems arise.