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View: Govt needs a fresh approach to Big Tech regulation with an unbiased mindset
Some policies also arise from a protectionist mindset, not just in India but around the world.
Synopsis
Most measures taken by regulators to address issues like ex ante regulation or anti-trust enforcement do not appear to be well thought-out. Such measures either fail to serve their intended purpose, or give rise to other issues. Result: lose-lose.
Global sentiment is to tame Big Tech, and rightly so. It has been more than a decade since the Big Tech saga began. But regulators across the world are still grappling with concerns arising from the reach of the digital world in everyday lives of people that range from data protection to unfair trade practices. But while the urgency in government action to protect the consumer interest is understandable, it is crucial to deliberate upon the
BY
Arvind Mayaram & Garima Sodhi
ET CONTRIBUTORS
5 mins read, Last Updated:
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