US tech lobby group asks India to reconsider EU-like competition law, citing potential user cost increases.
A US lobby group for tech giants Google, Amazon, and Apple has asked India to reconsider its proposed EU-like competition law. The group argues that regulations against data use and preferential treatment of partners could increase user costs. India's government panel proposed imposing obligations on big digital firms under a new antitrust law, modeled after the EU's Digital Markets Act 2022, which would apply to companies with a global turnover over $30bn and at least 10 million local users.
May 28, 2024
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