homelessgolden

This is going to be interesting whichever way it eventually goes - Either Musks pulls this off and turns Twitter around - Or he manages to destroy it

There will be lessons learned either way and I have a feeling this will eventually lead to major changes in tech. Industry culture.

It is a long process. They can appeal as a first step to the Competition Appellate Tribunal. Then after that to SC. Then even if the appeals are all dismissed they will get some time to comply. Don’t expect the entire ruling to stand as is during this process and don’t expect any actual on the ground changes for a 2/3 years more.

SC may not negate. But CCI rulings can be appealed in SC. And that process will take time. You can be sure Google will appeal and drag things. And while I don’t expect SC to overrule the whole decision some elements will get eased for Google in the process.

Don’t expect anything to happen immediately. This order will be appealed and Google will take it up to the Indian Supreme Court. 2/3 more years till it all gets resolved. Most likely parts of this order will get rescinded blin appeal. I don’t see the whole thing going away and certainly there is impact on Google’s business practices. However this will take time to play out. In the next 2/3 years Google will try to workaround these restrictions as much as it can by sticking to the letter of the order while maintaining its advantage.

UPI has been truly revolutionary for me here (in a mid sized city in India). I almost do not remember using Cash from the time the Pandemic started. 5 Years ago if someone had told me I could live Cash free for 18 months I would have thought that future is decades away in here. One point I would like to add is the recent changes with UPI Autopay have significantly reduced the friction of recurring payments. It is not made completely friction less as the India financial regulators believe that some friction in recurring payments flow is better for consumers even if it is worse for business.