What to know about the EU’s big new laws regulating big tech – Axios

Final European Parliament approval of sweeping, stringent tech regulations Tuesday put European regulators and tech-platform giants on a slow but inevitable collision course.

Driving the news: Europe’s two new laws — the Digital Markets Act (DMA) and the Digital Services Act (DSA) — place tough constraints on how big tech standard-bearers like Apple, Amazon, Alphabet and Meta handle competition and online content.

Why it matters: U.S. efforts to pass similar laws have so far failed to gain traction. That leaves the EU’s rules as the most significant efforts yet to rein in the companies’ power, which critics charge has grown at the expense of smaller rivals, users’ freedom and privacy, and the reliability of online information.

Details: The DMA lays out obligations and punishments for digital service “gatekeepers” who break the law’s rules for promoting competition, as Axios previously reported.

• The law says these companies must obtain “explicit consent” to target ads based on…

Read Full Story: https://www.axios.com/2022/07/06/eu-tech-regulation-laws-dma-dsa

The post What to know about the EU’s big new laws regulating big tech – Axios first appeared on SEO, Marketing and Social News | OneSEOCompany.com.

source: https://news.oneseocompany.com/2022/07/06/what-to-know-about-the-eus-big-new-laws-regulating-big-tech-axios_2022070623052.html

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.