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. — 123rfThe Asia Internet Coalition , 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.
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. "Introducing such a change without a clear roadmap or sufficient industry engagement risks destabilising an ecosystem that relies on innovation, flexibility, and openness," the letter stated.
The Communications and Multimedia Commission announced that all social media services and Internet messaging services with at least eight million registered users in Malaysia must apply for a Class Licence beginning Aug 1.