Apple asks India to rethink proposed digital markets regulation

Apple, Amazon, and Google are asking the Indian government to reconsider its proposed Digital Competition Bill, citing concerns over increased user costs and potential reductions in investment in the country.

Reuters:
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India’s “Digital Competition Bill” is on the lines of EU’s landmark Digital Markets Act 2022. It will apply to big firms, including those with a global turnover of over $30 billion and whose digital services have at least 10 million users locally, bringing some of the world’s biggest tech firms under its ambit.

It proposes to prohibit companies from exploiting non-public data of its users and promoting their own services over rivals, and also abolish restrictions on downloading of third-party apps.

Companies deploy these strategies to launch new product features and boost security for users, and curbing them will hit their plans, the U.S.-India Business Council (USIBC), part of the U.S. Chamber of Commerce, said in a May 15 letter to India’s Corporate Affairs Ministry, which is working on the law.

The draft Indian law is “much further in scope” than the EU’s, says the letter, which has not been made public but was seen by Reuters.

“Targeted companies are likely to reduce investment in India, pass on increased prices for digital services, and reduce the range of services,” it says.

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MacDailyNews Take: The Indian government, if it really wants companies to “Make in India” and continue to do so by investing further billions of dollars into the country, really should get its various entities and appendages on the same page.
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