- 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.
As a Canadian, I appreciate a lot of what the EU does when it comes to consumer protections. Hopefully this one also ends up impacting the rest of us!