1. Regulating Big Tech: A Balancing Act
- Author:
- Ambika Khanna, Blaise Fernandes, Manjeet Kripalani, and Kartik Ashta
- Publication Date:
- 07-2021
- Content Type:
- Special Report
- Institution:
- Gateway House: Indian Council on Global Relations
- Abstract:
- Big Tech is powerful and its profits are growing - by 105% over the last year. It dominates economies. This raises concerns about data protection and privacy, anti-trust, fintech and the specific role of intermediaries. India is leading the way on fintech, but is behind several countries and institutions on digital rules. It is important to establish laws and rules to govern technology – whether domestic or through multilateral bodies – with the aim to strike the right balance between innovation and regulation.
- Topic:
- Science and Technology, Regulation, Finance, Economy, Innovation, Industry, and Digital Revolution
- Political Geography:
- South Asia and India