In letter to PM, industry group warns proposed social media licensing could harm digital economy

The group, which represents companies such as Meta, Google, Apple, Snap and Grab, argues that the new regulations could hinder innovation, deter investments, and place undue compliance burdens on businesses. — 123rf

PETALING JAYA: The Asia Internet Coalition (AIC), an industry association representing leading Internet and technology companies, has voiced its concerns regarding Malaysia's upcoming licensing system for social media and private messaging platforms.

In an open letter addressed to Prime Minister Datuk Seri Anwar Ibrahim, the AIC highlighted the potential negative impacts of the proposed licensing framework on the digital economy.