EU unveils ‘revolutionary’ laws to curb big tech firms’ power
www.theguardian.com
Digital Markets Act aims to allow more competition and let consumers delete preloaded phone apps
  • 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.