India started to request U.S. technology companies to compel data sharing with local Indian companies
Earlier because of geopolitical issues, India announced that it would ban many apps from China under the pretext of endangering national security and territorial sovereignty.
Many well-known Chinese apps were blocked and left a blank market for giants in India, so local Indian developers quickly developed imitation products to fill the gap in the market.
However, the purpose of the Indian government is far more than just supporting the rise of local apps in India. The Indian government is considering legislation to force technology giants to share data.
In the Internet age, data is of course a very important content or asset, and the Indian government even wants American technology giants to hand over data to local companies.
The so-called Mandatory Data Sharing Act (anathema) is currently under discussion by Indian officials, and the Act requires technology companies to hand over the collection of user desensitization data.
The so-called desensitization data mainly refers to data collected by Internet companies that do not include the personal privacy of users. These data can be used for a variety of different purposes.
For example, Google’s data can know which content users are interested in, and can target users to recommend such content of interest to increase the transaction conversion rate.
India’s proposed mandatory data-sharing bill requires US technology giants including Google, Facebook, Microsoft, and Amazon to hand over the desensitized data they collect.
These desensitized data are supervised by the Indian government and shared with competitors of Indian companies and even American technology giants to promote the rapid development of digitalization in India.
However, for these Internet companies, data is the most precious asset. How can the data collected by oneself be easily handed over to competitors?
Via: Reuters