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AAPL Jan 2026 205.000 put

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  • Reuters

    Google, Amazon, Apple lobby group opposes India's EU-like antitrust proposal

    A U.S. lobby group representing tech giants Google, Amazon and Apple has asked India to rethink its proposed EU-like competition law, arguing regulations against data use and preferential treatment of partners could raise user costs, a letter shows. Citing increasing market power of a few big digital companies in India, a government panel in February proposed imposing obligations on them under a new antitrust law which will complement existing regulations whose enforcement the panel said is "time-consuming". India's "Digital Competition Bill" is on the lines of EU's landmark Digital Markets Act 2022.