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Can India build a digital commerce model beyond Big Tech?

Inshorts · 3m ago

Can India build a digital commerce model beyond Big Tech?

India's ONDC (Open Network for Digital Commerce) isn't just another marketplace, it's a shared infrastructure aiming to unbundle commerce. It gives sellers access to multiple platforms, breaking the monopoly of large aggregators. With interoperability and open access, India is designing a system that empowers every player, not just the biggest ones.

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Trouble For Big Techs? MCA Invites Public Feedback On Draft Digital Competition Bill

Inc42 · 1y ago

Trouble For Big Techs? MCA Invites Public Feedback On Draft Digital Competition Bill

The Ministry of Corporate Affairs in India has sought public feedback on a draft Digital Competition Bill, which aims to regulate the practices of big tech companies and other significant digital enterprises. The bill recommends the creation of a Digital Competition Act to enable the Competition Commission of India to regulate large digital entities. Other recommendations include the establishment of quantitative thresholds for designating systemically significant digital enterprises, the obligation for transparent grievance redressal mechanisms, and the empowerment of the Centre to exempt certain enterprises from the bill. The bill also imposes various obligations on big tech companies, such as ensuring cybersecurity and compliance with local laws.

Network fee on Big Tech not a viable solution to boost EU digital rollout, EU says - The Economic Times

Economic Times

Economic Times · 8d ago

Network fee on Big Tech not a viable solution to boost EU digital rollout, EU says - The Economic Times

The European Commission believes imposing a network fee on Big Tech isn't viable for funding 5G and broadband rollout, despite pressure from major telecoms. Telecom companies like Deutsche Telekom and Orange argue Big Tech should share costs since they generate significant internet traffic. However, Big Tech resists, calling it an "internet tax." A forthcoming EU legislative proposal, the Digital Networks Act, aims to enhance digital infrastructure without network fees, taking a comprehensive approach.

Big Tech says ex-ante antitrust regulations will hurt innovation

Economic Times

Economic Times · 1y ago

Big Tech says ex-ante antitrust regulations will hurt innovation

Executives from a Big Tech company have expressed concerns about the proposed ex-ante regulations in India's draft Digital Competition Bill, comparing them to the European Union's Digital Markets Act (DMA) and its negative impact on user experience and innovation. They argue that the rigid rules of a DMA-like regime prevent innovations from benefiting users and restrict how platforms can operate. Critics also question the need for a new regulatory framework, as the Competition Commission of India already has powers to address anti-competitive conduct. Meanwhile, proponents argue that ex-ante regulations can benefit consumers by preventing harm in advance.

Meta used copyright to protect its AI model, but argues against the law for everyone else

Business Insider

Business Insider · 1y ago

Meta used copyright to protect its AI model, but argues against the law for everyone else

Meta, formerly known as Facebook, has taken a contradictory stance on copyright law. While arguing against its application when using online content for free to build AI models, Meta requested the removal of a leaked version of its Llama AI model from GitHub. Meta joins Big Tech companies in asserting that AI models do not exploit copyrighted works and fall under fair use. However, their attempt to remove the leaked Llama model failed, as GitHub user argued that its specifications were not copyrightable due to being copied parts and works.

ONDC to witness 7x- 8x transactions by Dec 2025 versus Dec 2024: MD Koshy

YourStory

YourStory · 7m ago

ONDC to witness 7x- 8x transactions by Dec 2025 versus Dec 2024: MD Koshy

Open Network for Digital Commerce is looking to innovate its core category, Mobility with additional offerings beyond ride-hailing.

Now, CCI Joins Other Regulators To Keep A Check On Indian Fintech Space

Inc42 · 1y ago

Now, CCI Joins Other Regulators To Keep A Check On Indian Fintech Space

The Competition Commission of India (CCI) is conducting investigations into certain fintech players to determine if their use of technology is affecting competition in the market. CCI Chairperson Ravneet Kaur stated that the enquiries are ongoing and the regulator is also focusing on big tech companies and online intermediary service providers. This move comes as part of CCI's efforts to ensure a fair and competitive digital market. Additionally, the CCI is working on the proposal of a digital competition law to regulate big tech players and prevent abuse of dominance.

Google to continue expanding capacity of India data centre zones

Economic Times

Economic Times · 10m ago

Google to continue expanding capacity of India data centre zones

- Google Cloud India is experiencing significant growth and will continue to invest in expanding its capacity. - Indian organizations can now store their data and process machine learning locally within India using Google's Gemini 1.5 Flash model. - Google Cloud is working with EkStep Foundation to create a "DPI in a box" model, allowing other nations to build their digital infrastructure. - The deployment of DPI solutions by Google Cloud will focus on countries in the global South, including the Caribbean, Africa, and Southeast Asia. - Google Cloud is the only cloud provider offering variants across public cloud, edge, and the air-gap model. - Partnerships have been formed with leading Indian companies, including HDFC Ergo, Federal Bank, Mahindra Group, Apollo Hospitals, TMRW, and IndiGo, for adoption of AI technology across sectors.

Sarvam, India’s most-funded gen-AI startup, takes to the Big Tech playbook

Livemint

Livemint · 1m ago

Sarvam, India’s most-funded gen-AI startup, takes to the Big Tech playbook

Sarvam, India's most-funded gen-AI startup, plans to adopt a full-stack AI approach to expand its business, backed by government subsidies. The IIT Madras-incubated company gained subsidized access to processing chips to build Indian AI models and aims to emulate successful Big Tech strategies. Amid speculation on government support and its innovation strategy, Sarvam intends to focus on both model development and the application layer to enhance its offerings, with more announcements expected soon.

How Chandigarh-Based uEngage Is Liberating F&B Sellers From The High Commission Trap

Inc42 · 1y ago

How Chandigarh-Based uEngage Is Liberating F&B Sellers From The High Commission Trap

uEngage is a Chandigarh-based startup that provides online ordering solutions to restaurants and helps them save on commissions from food aggregator platforms. The company offers three tech solutions - Edge, Flash, and Prism - that allow restaurants to create custom ordering apps, manage deliveries, and automate marketing efforts. uEngage operates on a zero-commission model and charges a transaction fee of 2% plus GST. The startup is also actively engaged with the Open Network for Digital Commerce (ONDC), allowing businesses to integrate with the open digital commerce network.

MeitY to discuss digital competition bill draft with industry associations

Economic Times

Economic Times · 1y ago

MeitY to discuss digital competition bill draft with industry associations

The Indian government is holding meetings with industry representatives and associations to discuss concerns over the draft of the digital competition bill. The bill aims to regulate unfair competition and the influence of big tech companies in the digital space. The government has invited representatives from the Ministry of Corporate Affairs and the Competition Commission of India to address industry concerns. The draft bill has received opposition from digital rights groups, including the Internet and Mobile Association of India (IAMAI), who argue that it unfairly burdens digital companies and hinders investments in tech startups.

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