The Deal Between Reliance Jio and Facebook
Vet net neutrality, competition, data privacy concerns. Fresh investment from abroad in the Indian economy is welcome, but when in a form that could potentially erode existing economic activity and create a concentrated business that may impact consumer interest, the picture changes. There are several concerns with the $5. 7 billion investment by Facebook to buy a 9. 99% stake in Jio Platforms, a subsidiary of Reliance Industries Ltd and part of the group’s ventures into ...