India steps up its crackdown on tech monopolies
Significance India’s government has intensified its crackdown on monopolistic practices in the tech sector, targeting industry giants such as Apple, Google and Amazon, while also proposing a Digital Competition Bill aimed at curbing foreign dominance and strengthening the domestic market. Impacts A harmonised digital competition policy could strengthen collaboration between the EU and India in the tech sector. Some foreign firms may delay their investments in India’s tech sector until the competition legislation is finalised. Increased pressure on Big Tech may strain ties between India and US President-elect Donald Trump, who has pledged to protect US tech firms.
Publication Details
- Journal
- Emerald expert briefings
- Published
- 2024-12-24
- DOI
- https://doi.org/10.1108/oxan-db291868
- Primary Topic
- Global trade and economics
- Type
- article