Big Tech uneasy over call for introduction of a digital competition law

Govt studying Parl panel's recommendations to introduce new rule to ensure transparency

The Parliamentary standing committee’s recommendations for introduction of a new Digital Competition Act to rein in Big Tech has given rise to serious concerns among global tech companies in India. The government is studying the suggestions of the committee on finance, which has suggested that a new Digital Competition Act be introduced to rein in Big Tech and ensure fair and transparent competition.

Tech companies say this might lead them to re-think their investment and strategy in the country. Many of them have already conveyed their concerns to the government. A top executive at a global tech company says, “The