this post was submitted on 07 Sep 2023
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Technology

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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] 3 points 1 year ago (3 children)

The tech companies – including Apple, Google and Amazon – have six months to comply with a full list of dos and don’ts under the new laws, after which they could be fined up to 10% of their turnover.

Six months seems extremely unrealistic.

[–] [email protected] 13 points 1 year ago (1 children)

That 6 month deadline should give them plenty of time to do the stuff without giving them time to come up with ways to avoid it.

[–] [email protected] 3 points 1 year ago

It would give them time to stop offering services and degrade a few since competitors are under the same pressure.

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