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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 (2 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.

[–] [email protected] 10 points 1 year ago

This act has been in the making for quite a while, and was even delayed. These companies have had plenty of time to prepare for what's coming.

Also, big companies don't deserve whining. It's hard to adjust to new regulations? Too fucking bad! Now pay your fine