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Sweeping EU rules for tech giants take effect today. Here’s what’s changing | CNN Business (www.cnn.com)

submitted 8 months ago by Stopthatgirl7@lemmy.world to c/technology@lemmy.world

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Europeans using Apple, Google and other major tech platforms woke to a new reality Thursday as a landmark law imposed tough new competition rules on the companies — changing European Union citizens’ experience with phones, apps, browsers and more.

The new EU regulations force sweeping changes on some of the world’s most widely used tech products, including Apple’s app store, Google search and messaging platforms, including Meta’s WhatsApp. And they mark a turning point in a global effort by regulators to bring tech giants to heel after years of allegations that the companies harmed competition and left consumers worse off.

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[-] GissaMittJobb@lemmy.ml 35 points 8 months ago

Their attempt to maliciously comply is both against the spirit of the law - making it a violation in the EU regardless - and the letter of the law: the text mentions that they can't charge for this.

Time for a nice 10% of global revenues-fine. That'll do some good in the coffers of the EU.

[-] TrickDacy@lemmy.world 19 points 8 months ago

Oh I so hope you are dead on here. It would be an incredible step forward for modern society. Our world revolves around this tech and it's about time someone stopped the low hanging fruit aspects of how it's corrupt.

[-] logi@lemmy.world 2 points 8 months ago

Time for a nice 10% of global revenues

Perhaps Apple will fund those 800K artillery shells for Ukraine?

this post was submitted on 07 Mar 2024

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