Big Tech Oppose Ex-Ante Regulation Under New Law

Big Tech Oppose Ex-Ante Regulation Under New Law

Big Tech companies, including giants like Facebook, Google, and Amazon, are opposing the imposition of ex-ante regulation under a new law. Ex-ante regulation aims to regulate these companies even before they engage in any anti-competitive practices. The tech companies argue that such regulation would hinder innovation and lead to unnecessary bureaucracy. However, some Indian entities are also against this regulation due to concerns over potential misuse of power. On the other hand, there are several stakeholders who support the implementation of ex-ante regulation, stating that it is necessary to maintain a level playing field and protect consumers from monopolistic practices. The ongoing debate highlights the conflicting views on the regulation of Big Tech companies and the challenges in finding a balance between fostering innovation and ensuring fair competition.

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