Explanation – Systemically Significant Digital Enterprises (SSDEs) is a term used to describe large digital enterprises with a significant market presence, which have the potential to impact the overall economy and financial stability. The concept of SSDEs has gained attention from regulators and policymakers due to concerns related to data privacy, market competition, and potential systemic risks arising from the operations of these large digital enterprises. These enterprises are deemed to have a substantial impact on the digital ecosystem due to their size, market dominance, and influence.

Source: The Hindu