Thursday, April 22, 2021

Technology companies face new regulatory challenges in India

India has joined the global regulatory movement to restrict tech giants like Facebook, Twitter, and others, as it seeks to establish specific rules governing how social media and broadcast companies do business in India, the world’s largest democracy, according to Bloomberg.

New laws in India
These new laws will include regulations to have companies like Facebook and Twitter delete illegal content faster than their platforms, according to Minister Ravi Shankar Prasad, while broadcasting platforms such as Netflix, YouTube, and Amazon Prime Video will face stricter laws on content, according to Bloomberg.
The new laws to be implemented will replace a previous law from 2011.

Copies of the recently circulated bill have drawn criticism from free speech activists and tech trade groups concerned with the rules that will increase censorship and reduce user privacy.
These laws will come into effect immediately, while social media companies will have up to three months before they must comply.
In addition to global giants, the new laws, called “Mediators Guidelines and the Digital Media Ethics Act”, are expected to affect a group of Indian emerging companies, as well as set guidelines for digital publishers of news and current affairs content, which has sparked criticism of freedom advocates Content.
These new rules require social media companies to appoint a chief compliance officer, an ombudsman, and other officials, all of whom must be based in India, with monthly compliance reports issued. They will be required to deal with user complaints within 15 days.

Global challenges
This coincided with a law passed by Australia today, Thursday, that would make digital platforms pay for news, just a day after Facebook reached an agreement with the Australian government to cancel the company’s major ban on news content in the country.
This is part of a large-scale regulatory campaign to create regulations that limit the dominance of tech giants and further regulate content.
This is in addition to the technology giants facing scrutiny in both Europe and America, as Amazon, Facebook, Google and four other tech giants spent more than $ 65 million to put pressure on the US government last year, and incurred record sums trying to resist antitrust scrutiny and new regulatory decisions, according to The Washington Post.

Indian market
India’s fast-growing digital economy is close to reaching one billion users by 2025, according to Bloomberg, increasing competition among tech companies for market share.

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