Google, Facebook Remain Divided Over Self-Regulatory Body Proposal For India's Social Media Sector - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

Alphabet Inc's GOOG GOOGL Google objected to developing a self-regulatory body for the social media sector in India to hear user complaints, Reuters reports.
However, Meta Platforms Inc's META Facebook and Twitter Inc TWTR backed the proposal.
India in June proposed appointing a government panel to listen to complaints from users about content moderation decisions. India is also open to a self-regulatory body.
However, the lack of consensus among the tech giants increases the likelihood of a government panel, something that Facebook and Twitter detest.
After a meeting involving the government and the companies, Google expressed disinterest in the self-regulatory body as it implied external reviews of decisions that could force Google to reinstate content, even if it violated Google's internal policies.
Snap Inc SNAP and ShareChat also voiced concern about a self-regulatory system.
Twitter has faced flak after it blocked accounts of influential Indians, including politicians, citing violations of its policies.
Twitter also locked horns with the Indian government when it declined to comply fully with orders regarding spreading misinformation.
Western tech giants have been at odds with the Indian government for years, arguing that strict regulations hurt their business and investment plans.
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