Monday, July 15, 2024

MeitY may ask MCA to keep ex-ante out of Digital Competition Bill for now

The Ministry of Electronics and Information Technology advises excluding the ex-ante provision from the Digital Competition Bill. Stakeholders, including IAMAI, Nasscom, and The Dialogue, oppose it as burdensome. A senior official notes widespread opposition. Further consultations are advised. Concerns include compliance for significant digital enterprises, dominance control, and its impact on venture investments in tech startups.

from Tech-Economic Times https://ift.tt/5pUjsSW

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MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and no...