EU announces sweeping new rules that could force breakups and hefty fines for Big Tech
(From CNBC)
One of the potential changes is putting an end to self-preferencing — when, for instance, app search results in an Apple product display options developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.
Other practical changes include: companies like Apple and Google will have to allow users to uninstall apps that have originally come with their devices, and performance metrics will also have to be shared for free with advertisers and publishers.
Failure to comply could result in fines as high as 10% of the companies’ worldwide annual turnover.
This article was originally posted here: https://www.ac2news.com/2020/12/eu-announces-sweeping-new-rules-that-could-force-breakups-and-hefty-fines-for-big-tech/.
