EU Drafts Rules to Force Big Tech Companies to Share Data: Report

The European Union (EU) is making ready to power large know-how corporations to share their buyer knowledge with smaller rivals, the Monetary Occasions reported on Wednesday, citing an early draft of its landmark ‘Digital Providers Act’ laws.

“The likes of Amazon and Google shall not use knowledge collected on the platform…for (their) personal industrial actions…except they (make it) accessible to enterprise customers energetic in the identical industrial actions,” the FT reported, quoting the draft.

When requested for remark by Reuters, Google pointed to a blog from earlier this month the place it first detailed its response to the Act, supporting measures that permit customers to maneuver between platforms with out shedding entry to their knowledge.

“The query shouldn’t be whether or not knowledge mobility or knowledge entry ought to be facilitated, however the best way to obtain their advantages with out sacrificing product high quality or innovation incentives,” Google had stated within the weblog.

Amazon didn’t instantly reply to a request for remark.

EU antitrust chief Margrethe Vestager would announce by the top of this 12 months powerful new guidelines below the Act, aimed to extend social media corporations’ obligations and legal responsibility for content material on their platforms.

The draft means that know-how giants could also be banned from preferential therapy of their very own providers on their websites or platforms, to the detriment of rivals, in line with the report.

Corporations shouldn’t be allowed to pre-install their very own functions on {hardware} units, reminiscent of laptops or telephones, or power different corporations to solely pre-install their software program, it added.

Reuters reported on Wednesday that China is making ready to launch an antitrust probe into Google.

In america, a authorities panel is predicted to launch a report into antitrust allegations towards large tech corporations as quickly as Monday.

© Thomson Reuters 2020

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