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Draft digital competition bill will make business untenable: IAMAI

Economic TimesEconomic Times · 5m
Draft digital competition bill will make business untenable: IAMAI

The proposed Digital Competition Bill in India, which involves an ex-ante approach by the government, has been criticized by the Internet and Mobile Association of India (IAMAI). The IAMAI argues that this approach imposes unfair burdens on digital companies and could hinder venture investments in tech startups. The association also raises concerns about the subjective criteria for designating companies as systemically significant digital enterprises (SSDE). This ex-ante regulation could lead to increased operational costs and harm for businesses, according to the IAMAI. The draft Bill aims to introduce additional compliance measures for tech companies, potentially affecting their scalability and profitability.

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