CCI has been quite active in investigating internet companies that are allegedly exploiting their dominant position in the market.
Indian Regulators Face Off with Tech Companies
Startups get caught in between growing fanatically and complying with new regulations.
Local restaurants have accused Swiggy and Zomato of sky-high commissions, deep discounting practices, and withholding customer data, among other things.
Google, Amazon, and Facebook’s messaging platform WhatsApp, have been making strides to position themselves among the top players in India’s fintech market.
IT rules state that officers should be based in the country and available round the clock to address government concerns.
Grouping together other sectors with e-retailers has become a source of worry and discontent among e-commerce firms.
The new rules prohibit e-tailers from hosting flash sales and mandates they appoint a grievance officer to address consumer complaints.
The new IT rules have become a major bone of contention for Twitter, Facebook, Instagram, and WhatsApp.
Downloads of Koo’s app skyrocketed after Indian ministers asked their followers to move from Twitter to the Indian platform.
India’s IT rules intend to hold social media companies accountable for the content posted on their platform.
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