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EU unveils ‘revolutionary’ laws to curb big tech firms’ power - The Guardian (www.theguardian.com)
submitted 11 months ago by ijeff@lemdro.id to c/android@lemdro.id
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  • 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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[-] mikeboltonshair@sh.itjust.works 30 points 11 months ago

Reading the guardian article I was like meh.. some stuff is good and anything is better than nothing but then I read the actual DMA

“Fines: of up to 10% of the company’s total worldwide annual turnover, or up to 20% in the event of repeated infringements

Periodic penalty payments: of up to 5% of the average daily turnover

Remedies: In case of systematic infringements of the DMA obligations by gatekeepers, additional remedies may be imposed on the gatekeepers after a market investigation. Such remedies will need to be proportionate to the offence committed. If necessary and as a last resort option, non-financial remedies can be imposed. These can include behavioural and structural remedies, e.g. the divestiture of (parts of) a business.”

Fuck ya break up some of these fuckers if they keep breaking the rules and percentages of worldwide turnover? I can only get so errect

Even though this is EU based, if they actually follow through with the fines and possible breaking companies up I can’t see why the companies would not just make this a worldwide standard… I could be wrong of course cuz corporations are shit

this post was submitted on 07 Sep 2023
500 points (98.6% liked)

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