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The EU focuses on big technology with the new Digital Markets Act

The rules that make up the new one have been confirmed by MEPs Digital Markets Act (DMA). The legislation is intended to change the power of big tech corporations such as Apple, Amazon, Google and Meta, forcing them to change the way they integrate digital services and handle customer data.

I press conference Held early on Friday morning, Margrethe Vestager, the European Commission’s executive vice president and competition commissioner, said she expected the DMA to enter into force “sometime in October”.

To date, the EU has dealt with any concerns of mistrust on a case-by-case basis. This legislation aims to reform the system and address the perceived systemic issues within the market.

The text, which was provisionally agreed after an eight-hour discussion between the EU Parliament, the Council and the Commission, focuses on large companies known as ‘gatekeepers’ that provide “central platform services” and are likely to they enact unfair business practices. .

This will initially include companies with a market capitalization of at least € 75 billion (or sales of over € 7.5 billion in Europe), at least 45 million monthly users in the EU, and which provide certain digital services, such as browsers web, virtual assistants. , messaging or social media applications.

Private chat apps like WhatsApp and Facebook Messenger could be forced to interact, giving users more choice over how they send messages, without having to worry about which platform the recipient is on.

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The EU focuses on big technology with the new Digital Markets Act

Source link The EU focuses on big technology with the new Digital Markets Act

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