Digital Competition Law To Take A Back Seat Amid Ongoing Trade Talks With US

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SUMMARY

The US-India Business Council, which counts tech giants Google, Amazon, Apple, and Meta among its members, rallied against the bill, saying it is “much further in scope” than the EU’s law

The Digital Competition Bill aims to regulate large digital platforms by addressing the anti-competitive practices in the online realm

The draft bill proposes to regulate major entities based on their turnover, gross merchandise value, global market capitalisation, user numbers, and other…



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Digital Competition Law To Take A Back Seat Amid Ongoing Trade Talks With US


SUMMARY

The US-India Business Council, which counts tech giants Google, Amazon, Apple, and Meta among its members, rallied against the bill, saying it is “much further in scope” than the EU’s law

The Digital Competition Bill aims to regulate large digital platforms by addressing the anti-competitive practices in the online realm

The draft bill proposes to regulate major entities based on their turnover, gross merchandise value, global market capitalisation, user numbers, and other…



Source link

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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