Ctrl+Alt+Delete on innovation? Digital Competition Bill has left Big Tech, startups flummoxed.

Illustration by Sadhana Saxena via AI

Synopsis

The draft Digital Competition Bill, a copy of Europe’s untested Digital Markets Act, claims to regulate Big Tech but may stifle Indian startups instead. This rushed adoption of a foreign framework, without considering India’s unique digital landscape, raises questions about the bill’s true intent.

“There’s too many men, there’s too many people Making too many problems… … Can’t you see this is a land of confusion?” As the classic Genesis song ‘Land of Confusion’ plays in a co-working space in Gurugram, a sense of unease lingers among the startup founders. With aspirations of IPOs and billion-dollar valuations, these young entrepreneurs now face a regulatory hurdle — the recently proposed draft Digital Competition Bill (DCB). The DCB aims

  • FONT SIZE
  • SAVE
  • PRINT
  • COMMENT

Uh-oh! This is an exclusive story available for selected readers only.

Worry not. You’re just a step away.

FOLLOW US ON GOOGLE NEWS

Read original article here

Denial of responsibility! Chronicles Live is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – chronicleslive.com. The content will be deleted within 24 hours.

Leave a Comment