India Watchdog Investigating WhatsApp For Possible Antitrust Violations

WhatsApp Pay Will Comply With Data Localization Laws in India by May: Report
The Competition Commission of India (CCI) is reportedly investigating allegations of monopolistic commerce practices towards WhatsApp for attempting to bundle its proposed funds service with its well-liked on the spot messaging app.

According to Reuters, a minimum of two sources have confirmed that the one that filed the criticism with CCI was a lawyer, however neither divulged the identification of the complainant.

While each WhatsApp and its mum or dad firm, Facebook, has been named within the criticism, the previous appears to be the item of CCI’s investigation. According to one of many three unnamed sources quoted by the report, “The case is in initial stages .. senior members of CCI are reviewing it but a final decision hasn’t been reached”.

The newest growth is a brand new hurdle for the Facebook-owned firm at a time it’s desperately attempting to roll out its funds platform after being in a state of limbo for a few years. The National Payments Corporation of India (NCPI) earlier this yr accredited the launch of WhatsApp Pay within the nation in a phased method, however solely after the corporate complies with all data-related rules within the nation.

While the corporate initially performed a pilot take a look at for the service again in 2018, it was by no means launched broadly after the Reserve Bank of India (RBI) withdrew its clearance following persistent skepticism from politicians. In a deposition to the Supreme Court final yr, the RBI mentioned that the permission was withdrawn as a result of the Facebook-owned platform was nonetheless non-compliant with India’s knowledge localization legal guidelines.

All that appears to be altering with the corporate just lately telling the NPCI that its funds enterprise will adjust to all knowledge localization rules within the nation by the tip of this month. According to a report a couple of weeks earlier, if the whole lot goes in response to plan, WhatsApp Pay will lastly be capable to begin the nationwide rollout of its UPI funds platform earlier than the tip of this yr.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.