However, on Wednesday, India’s antitrust watchdog put out an interim order dismissing the applications saying it found no grounds to provide interim relief but that the director general (DG) could go ahead with the investigation. While this could be some reason for Google to cheer, the company’s regulatory woes are far from over.
Govt panel moots ex-ante regulation of Big Tech firms financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Digital firms including Apple, Google, Meta, Amazon, Flipkart, and Uber resisted ex-ante obligations under a new digital competition law. Some home-grown companies like Oyo, Zomato, and Swiggy had reservations, while others endorsed the framework. The Govil panel has now recommended separate digital competition legislation with an ex-ante framework after holding meetings with a cross-section of stakeholders, including the large digital players who had submitted their views.
After the Committee on Digital Competition Law submitted its comprehensive report and a draft legislation, the ministry of corporate affairs sought public comments on the same until April 15 | Latest News India
Zomato, Swiggy, Flipkart and Oyo have opposed the new regulations on digital competition proposed by a government-appointed committee. Indian companies that supported the proposal of ex-ante regulations include Paytm and MakeMyTrip, albeit with caveats.