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pigggg • yesterday at 3:37 PM • 4 replies • view on HN

Various Indian regulations (particularly around commerce and banking) require you to use India companies for solutions like the above. It gets worse when companies are "steered" by a regulator/compliance person who has a bias for a specific solutions provider.


Replies

sippingabonedry • yesterday at 4:33 PM

Then indirectly the security and trust of the entire Internet rests in the hands of a few government babus in India... that's scary.

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miohtama • yesterday at 6:46 PM

It’s called regulatory capture.

It’s get worse when these companies work with regulators to create more regulation that they can sell more of their services.

https://www.amazon.co.uk/Compliance-Industrial-Complex-Opera...

cylemons • yesterday at 4:14 PM

Regulation like this makes sense, but then the government should also srutinze these companies

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debarshri • yesterday at 5:10 PM

"bias"