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TLDR: Big Tech, Apple, Google, Amazon, European Commission, Flipkart, social media addiction, more

Our quick roundup of the top news and developments in tech policy from India and around the world

Big Tech’s big $95 billion lobbying push to ‘kill Bill’!  Big Tech companies Google, Apple, Meta, and Amazon are reportedly pushing to kill off the American Innovation and Choice Online Act since 2021, which has gone further than any U.S. legislation on curbing the market dominance of these companies. Since 2021, these companies have spent over $95 billion in lobbying attempts to “derail” the legislation, with crunch time approaching alongside the Midterm polls. [Read more] Amazon India sees revenue grow, regulations a challenge Reports based on Tofler’s analysis say that Amazon India’s marketplace, logistics, and payments revenue increased by 32% while its losses in the marketplace segment came down by 23% in the financial year 2021-22. Regulations are the biggest headwinds for the e-commerce giant in India, with the tilt being towards domestic businesses. [Read more]  NGOs flay Amazon’s attempted offer to end EU antitrust probe  Reuters reports that a group of 11 non-governmental organisations (NGOs) have written to the European Commission that Amazon’s offers to end certain practices to avoid “hefty fines” is untenable and “full of loopholes”, leaving scope for evasion and abuse of power by Amazon. [Read more]  Study says teen social media addiction linked to existing inequalities  A study published in a peer-reviewed journal draws links between economic disparity and ‘unsatisfactory’ use of social media and instant messaging apps by teenagers. The authors call for “new social media usage policies that lessen the effects of poverty”, as per the report. [Read more]  Ministries spar over regulating…

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