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Companies want experts to analyze the upcoming regulation, anticipate any potential conflicts, and prepare them for them, according to people familiar with the situation. “The regulatory landscape in India on the digital front is changing very quickly, and the big tech multinationals are getting impact analyses done on how this would affect their operations and revenues,” said Ankita Singh, partner at law firm A&P Partners. “In some cases, these companies even want to create structures or insulate their data or other intellectual property because failure to do so could have global ramifications,” she explained. As ET first reported last week, the government intends to introduce the Digital India Act (DIA) during the winter session of parliament. The new regulation aims to cover the entire digital ecosystem, from social media platforms and OTT platforms to online apps and the metaverse, as well as blockchain-based crimes or offenses. According to experts, the new regulatory framework will have an impact on large tech companies such as Google, Facebook, Twitter, Amazon, and Facebook.
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