India’s new competition law may dampen digital innovation: Big Tech

The Asia Internet Coalition, that has Meta, Amazon, Twitter, Google and other Big Tech companies as its members, has raised questions on the digital competition law recommended by the Parliamentary Standing Committee on Finance, that “may dampen digital innovation in India”.

In a statement, the Coalition urged the Indian government to conduct wider stakeholder consultations to ensure that any new legislative proposals meet international best practices, are evidence-based, and are for the purpose of benefiting innovation, growth, and consumers.