The act doesn’t apply to all tech companies, only to those with either a market capitalisation of more than €75bn (£64bn), or having at least 45 million users and €7.5bn annual turnover in the EU.
In effect, this means just Alphabet, Amazon, Apple, Meta, Microsoft and ByteDance (owner of TikTok). The fact that five of the six are US companies has, of course, led to complaints that the pesky Europeans have it in for poor defenceless American giants. Cue violins.
The act imposes serious obligations: companies will have to allow third-party apps and app stores on their platforms; provide transparent advertising data; allow users to easily uninstall pre-installed software or apps; enable interoperability between different messaging services, social networks, and other services, allowing users to communicate seamlessly across platforms; and be more transparent about how their algorithms rank and recommend content, products and services.
It also prohibits certain practices by gatekeepers: favouring their own services over third-party ones, for example; engaging in self-preferential activities; and using private data from business users to compete against them. In other words, an end to tech business as usual.
Sweet. What the corrupt US departments couldn’t - and refused to - do.
Member that time micro$quash was in court for a decade to prove they weren’t a monopoly despite being a monopoly, and then after all that the court declared they were a monopoly? Member? And then absolutely sweet fuck-all happened and they’re still out there monoply-ing without any care or hindrance? Yeah.
US, you fucked that up royal. As usual.
Eggyhead@kbin.run 8 months ago
It’s been a painful few decades for consumers having the teeth of unregulated tech titans sunk into them.
rottingleaf@lemmy.zip 8 months ago
It’s not over with this bill, at least until pluralism returns in operating systems, hardware and internet protocols.
I just hope they don’t stop the pressure with this.
iknowitwheniseeit@lemmynsfw.com 8 months ago
I think that we can expect more propaganda from big tech, including political pressure from the USA. Fighting capitalism is going to be a long battle!