India takes baby steps towards tech regulation5 min read 06 Oct 2019, 11:50 PM IST
From a UPI payments market share cap to data protection, India is working to protect users without killing innovation
Calls to regulate tech to prevent monopoly and protect consumers grow more strident, but the ways to do it are unclear
The National Payments Corporation of India (NPCI) is reported to be considering a 33% market share cap on payment apps that use the Unified Payments Interface (UPI). The move comes in the wake of the looming dominance of Google Pay.
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