Centre is considering legislation to regulate big tech companie’s data collection and data usage policies

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The Centre is considering legislation to regulate big tech companies’ data collection and data usage policies, according to the report.

As part of the process, the government has initiated an inter-ministerial dialogue to consult on the issue and plan the next steps. According to sources close to the situation, the Ministry of Corporate Affairs, the Ministry of Electronics and Information Technology, and the Competition Commission of India all participated in the talks (CCI). Among the proposals discussed at the meeting was the creation of a new Digital Markets Act to govern business practises such as data collection and usage by technology behemoths. Aside from that, the panel proposed incorporating certain guidelines into the Competition Act itself to address concerns about new-age digital companies.

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Centre is considering legislation to regulate big tech companie’s data collection and data usage policies

The Centre is considering legislation to regulate big tech companies’ data collection and data usage policies, according to the report.

As part of the process, the government has initiated an inter-ministerial dialogue to consult on the issue and plan the next steps. According to sources close to the situation, the Ministry of Corporate Affairs, the Ministry of Electronics and Information Technology, and the Competition Commission of India all participated in the talks (CCI). Among the proposals discussed at the meeting was the creation of a new Digital Markets Act to govern business practises such as data collection and usage by technology behemoths. Aside from that, the panel proposed incorporating certain guidelines into the Competition Act itself to address concerns about new-age digital companies.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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