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EU unveils ‘revolutionary’ laws to curb big tech firms’ power - The Guardian (www.theguardian.com)

submitted 1 year ago by [email protected] to c/[email protected]

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cross-posted from [email protected]

New regulations will target six major tech companies to improve consumer experience and data privacy. These include Alphabet, Amazon, Apple, ByteDance, Meta, and Microsoft.

Pre-installed apps like weather and email that are difficult to delete will be disallowed, aiming to promote interoperability and reduce "gatekeeping" activities.

Companies will be prohibited from monetizing user data collected from phone apps for advertising purposes.

The regulations will encourage competition by allowing alternative payment systems, benefiting startups and consumers.

The European Commission aims to empower consumers and ensure tech giants adhere to European rules, providing immediate accountability for any issues.

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[–] [email protected] 9 points 1 year ago

Honestly its like the California thing, we should be glad that they are there to set the standard. Imagine if they had absolute free reign of all the markets.