Big Tech

Cross-selling and embedded finance fashions might elevate anti-competition considerations: RBI report

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Whilst cross-selling and embedded finance fashions improve buyer comfort, they could elevate anti-competition considerations on account of bundled companies, cautioned the RBI in a report. Embedded finance refers back to the integration of banking and varied monetary companies into non-financial functions and companies. Cross-selling includes suggesting associated or complementary merchandise to current prospects and leveraging … Read more

MeitY hears out business associations’ considerations on draft Digital Competitors Invoice

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Home business stakeholders on Tuesday pitched for a complete authorized framework to guard them from any anti-competitive conduct of Large Tech within the booming digital markets.  At a consultative assembly convened by the Ministry of Electronics and Data Expertise (MeitY), varied business segments, nonetheless, got here up with blended views on whether or not the proposed … Read more

Authorities to have interaction trade leaders in key talks on draft digital competitors invoice 

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Trade stakeholders, together with Large Tech, are set to voice their ‘critical issues’ on the Draft Digital Competitors Invoice (DCB) at a MeitY convened assembly right here on Tuesday. This assembly, which was earlier scheduled for June 13 however postponed on the final minute, is anticipated to be chaired by Ministry of Electronics and Data … Read more

Digital Competitors Invoice unlikely to be launched in upcoming Parliament session

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A senior authorities official has said that the Centre is unlikely to introduce the much-discussed Digital Competitors Invoice (DCB) throughout the upcoming Parliamentary session. It’s because the Company Affairs Ministry (MCA) would require extra time to course of the suggestions obtained on an earlier draft Invoice and the report of the Committee on Digital Competitors … Read more

Centre mulls legislation to present digital media bargaining energy with Massive Tech

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An inter-ministerial assembly on Wednesday brainstormed on the necessity for a brand new authorized framework for digital media to guard them from Massive Tech’s anti-competitive practices by way of which they siphon off promoting income, leaving digital information publishers deprived. The inter-ministerial assembly chaired by the Info & Broadcasting ( I&B) Secretary met to debate … Read more

Govt calls key assembly on draft digital competitors legislation

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A giant transfer is afoot on the EU-style digital competitors legislation into consideration, posing a problem to tech companies by laying out strict compliance obligations that may influence their enterprise mannequin. The Ministry of Electronics and Info Expertise (MeitY) has scheduled a vital assembly with business associations on Thursday to debate the draft Digital Competitors … Read more

CCI tightens grip on large tech with new settlement and dedication monitoring laws

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In a big transfer geared toward enhancing regulatory oversight, and guaranteeing compliance, the Competitors Fee of India (CCI), has proposed new laws to watch the settlements, and commitments of trade giants.  Additionally learn:New CCI laws: Tightening the reins on confidential info The CCI’s newly issued session paper, and draft laws, guarantees to usher in a … Read more

Digital panel requires pre-emptive rules and separate Digital Competitors Regulation for Huge Tech

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However the stiff resistance from Huge Tech, the Centre-appointed 16-member Committee on Digital Competitors Regulation (CDCL) has advisable {that a} separate Digital Competitors Act be enacted and an ex-ante framework be launched in order to allow the Competitors Fee of India (CCI) to selectively regulate massive digital enterprises. The proposed regulation ought to complement and  strengthen … Read more

Digital panel’s Draft Invoice to elude reduction for information publishers

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The Centre-appointed 16-member inter-ministerial committee on digital competitors regulation (CDCL) is ready to suggest a draft digital competitors Invoice with none particular bargaining tips that might turn out to be useful for digital information publishers in realising justifiable share of promoting revenues garnered by Large Tech from their platforms.  Apart from making a basic advice … Read more

FM to overview CCI efficiency amidst rising issues of regulatory inaction

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The Ministry of Company Affairs (MCA) is asking a efficiency overview of working of the Competitors Fee of India (CCI) amidst rising concern about inaction by the regulator in deciding the complaints filed by app builders towards tech big Google alleging anti-competitive conduct and non-compliance with CCI’s earlier rulings.  A gathering on this regard is … Read more