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Daily Court Digest: Major environment orders (September 13, 2022)

Daily Court Digest: Major environment orders (September 13, 2022)
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New social media rules may raise compliance cost, make competition tough for smaller firms: Industry watchers


New social media rules may raise compliance cost, make competition tough for smaller firms: Industry watchers
The new rules distinguish between social media intermediaries and significant social media intermediaries, with 50 lakh registered users as the threshold.
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The new
social media intermediary rules could raise compliance costs for players, making it difficult for smaller companies to compete against bigger giants like Facebook, according to industry watchers.
The new rules, announced last week, distinguish between social media intermediaries and significant social media intermediaries, with 50 lakh registered users as the threshold for the categorisation.
Significant social media intermediaries will have to follow additional due diligence, including the appointment of a chief compliance officer, nodal contact person, and resident grievance officer with all three officials residing in India. ....

Mishi Choudhary , Software Freedom Law Centre , Freedom Law Centre , Founder Mishi Choudhary , Company Compliances , Twitter Inc , Social Media , மிஷி சவுத்ரி , மென்பொருள் சுதந்திரம் சட்டம் மையம் , சுதந்திரம் சட்டம் மையம் , நிறுவனர் மிஷி சவுத்ரி , நிறுவனம் இணக்கம் , ட்விட்டர் இன்க் , சமூக மீடியா ,