Killer Acquisitions in the Digital Market
Metacept
by Editor
1y ago
Introduction It is an age old adage that successful businesses must have a killer instinct. It is what helps them make a dent in the consumer market, be it through disruptive new products or a dynamic organisational structure. But what happens when large corporations’ strategy becomes burying the opposition and competing goods. When adding to the bottom line is so paramount that innovation takes a backseat and acquiring disruptors becomes the logical tactic. The most prominent carcass in such an environment is the spirit of competition and industry itself. On April 13, 2007 Google announced a ..read more
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Intermediary Guidelines and the Regime of Online Gaming in India
Metacept
by Shiv_mehrotra
1y ago
Introduction Being home to nearly 500 million gamers and close to 900 million gaming companies, and an industry estimated to be worth approximately $3 Billion USD, it is abundantly clear that the online gaming regime in India is in a dire need of regulation.The online gaming regime in India has often been a bone of contention, with an ongoing tussle between the Centre and the states to regulate the online gaming space. At the outset, the question of whether ‘online gaming’ should remain a subject of the ‘states’ (as betting and gambling have traditionally been), or a subject of the ‘Centre’, h ..read more
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Blockchain Gaming: Assessing the Legal Considerations & Intellectual Property Protection in India
Metacept
by Manvee
1y ago
Have you ever thought of keeping a pet at home but are unable to do so? Ever thought of raising a pet in virtual mode, breeding it, feeding and seeing it grow? Yes, it is possible now. With the use of blockchain technology in gaming, developers have made this possible. My DeFi Pet is one such game where a user can feed their pets, and raise them in a virtual mode. This has become one of the top pet gaming among blockchain games. This game is inspired by Pokémon which is based on a similar concept of breeding and raising but what makes it different is here the pets are in the form of Non-Fungib ..read more
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Restricting Regulatory Arbitrage on ‘Buy Now Pay Later’ Schemes
Metacept
by Editor
1y ago
The Indian public has embraced the adoption of digitisation of payments with open arms. The first quarter of 2022 alone saw 9.36 billion transactions through the Unified Payment Interface (UPI) culminating in a whopping Rs. 10.25 trillion cash flow during the period.[1] Riding the wave, the ‘Buy Now Pay Later’ (BNPL) schemes introduced by many of the banking and non-banking entities in the country have seen an exponential rise. HDFC Securities predicted that the merchandise value for BNPL schemes was projected to grow 74% year-on-year, becoming a $56 billion marke ..read more
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The Rise of Metaverse: Challenges for the Indian Laws
Metacept
by Swarnendu Das
2y ago
Web 3.0 is the latest piece of innovation that promises to change the way internet is perceived. Much like what the internet did to exert influence and bring about real-world changes beyond the boundaries of the virtual world, metaverse promises to incorporate the blockchain technology which has already revolutionised global finance with cryptocurrency. If the same setup is used with social media platforms, it would completely dismantle the centralised data structure model which has been in existence so far. Not much has yet been propounded by the creators of the envisioned Web 3.0, but certai ..read more
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The Interplay of Artificial Intelligence Technologies with Trade Marks and Copyright
Metacept
by Editor
2y ago
Introduction  Artificial Intelligence [“AI”] has seeped into the lives of individuals in uncanny and unimaginable ways. Starting from the choices made by individuals for determining their purchasing power to actually making decisions on behalf of them, AI has evolved to disrupt the existing features of the trade mark framework. A trade mark is a sign that distinguishes a product or brand from other goods of the same nature. The unique nature is provided through smell, taste, imagery, or visual content. The trade mark law has evolved and developed to protect the rights of manufacturers and ..read more
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Geopolitics of Technology: Blood Gadgets
Metacept
by Shambhavi
2y ago
Introduction Rare earth elements (hereinafter, “REE”) are special minerals and are a crucial ingredient in many of our electronic products. They contain unique properties which include high heat resistance, strong magnetism, high lustre, and high electrical conductivity. These properties make them suitable to be used in a variety of tech products such as smartphones, tablets, laptops, and even in the technologies used for military or medical profession. Examples of consumer and industrial technologies involving the use of rare piles of earth include iPhones, Blackberries, fibre optics, compute ..read more
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Understanding China’s Data Security Law
Metacept
by Harinie
2y ago
The Data Security Law[1] was passed by the 29th session of the standing company of the People’s Republic of China and will function as one of the pillars of cybersecurity laws of China. One aspect that makes it unique from other laws worldwide is its classification methods and different treatment. The brief will list all the critical elements of the data security law and how it could affect the companies (both Chinese and foreign). Types of data Data has been defined[2] as any record of information in electronic form or otherwise. The law also defines data handling as collection, storage, proc ..read more
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E-Commerce and the Legal Metrology Act
Metacept
by Ishan Puranik
2y ago
The internet has opened new avenues in the realm of commerce by allowing buying and selling of goods and services through different electronic mediums. However, the existing legislation that was in place for the governance of how goods are bought and sold virtually was not enough, particularly in the domain of pre-packaged goods.  Imagine that you walked into a shop looking for a specific product that you wish to purchase. Since the product is premade it comes packed in a box and the nature of this product is such that any form of tampering could cause problems in using it and the seal ca ..read more
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Moving forward with the Healthcare Professionals Registry
Metacept
by Harinie
2y ago
Recently, the National Health Authority (NHA) published a consultation paper[1] seeking suggestions for developing a Healthcare Professionals Registry (HPR) as a part of the National Digital Health Mission (NDHM). The HPR is a master database of healthcare professionals that will allow users to search and identify healthcare professionals across the country. Currently, the National Medical Commission maintains an India Medical Registry Search[2] similar to the HPR. The Dentist Council of India also has a portal[3] serving similar needs. Some portals also provide registries of homeopathy and ot ..read more
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