this post was submitted on 09 Mar 2024
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[–] homesweethomeMrL@lemmy.world 163 points 9 months ago (29 children)

The act doesn’t apply to all tech companies, only to those with either a market capitalisation of more than €75bn (£64bn), or having at least 45 million users and €7.5bn annual turnover in the EU.

In effect, this means just Alphabet, Amazon, Apple, Meta, Microsoft and ByteDance (owner of TikTok). The fact that five of the six are US companies has, of course, led to complaints that the pesky Europeans have it in for poor defenceless American giants. Cue violins.

The act imposes serious obligations: companies will have to allow third-party apps and app stores on their platforms; provide transparent advertising data; allow users to easily uninstall pre-installed software or apps; enable interoperability between different messaging services, social networks, and other services, allowing users to communicate seamlessly across platforms; and be more transparent about how their algorithms rank and recommend content, products and services.

It also prohibits certain practices by gatekeepers: favouring their own services over third-party ones, for example; engaging in self-preferential activities; and using private data from business users to compete against them. In other words, an end to tech business as usual.

Sweet. What the corrupt US departments couldn’t - and refused to - do.

Member that time micro$quash was in court for a decade to prove they weren’t a monopoly despite being a monopoly, and then after all that the court declared they were a monopoly? Member? And then absolutely sweet fuck-all happened and they’re still out there monoply-ing without any care or hindrance? Yeah.

US, you fucked that up royal. As usual.

[–] redfox@infosec.pub 37 points 9 months ago (8 children)

You remember how all the US politicians are funded by the same huge corporations and rich people who all benefit from the regulators doing nothing but pretending to care?

Remember how the politicians pander to Americans by blaming rich people for all of life's problems and saying they'll make them pay their fair share, but those politicians have multiple houses and blatantly conduct insider trading every day, but Americans still vote for them time after time?

I'd like to say you could just not use their products, but that means you have to replace windows with some other os, not buy a major manufacturer cell phone, or do much else 🤷

[–] Dark_Arc@social.packetloss.gg 4 points 9 months ago (2 children)

Remember how the politicians pander to Americans by blaming rich people for all of life's problems and saying they'll make them pay their fair share

That's a minority of US politicians and you know it. Not to mention it's a minority of a minority of those politicians that get elected.

We got exactly what we voted for and that's the truly maddening thing.

Part of that is definitely manipulation of representation (i.e. gerrymandering) but not all of it.

[–] redfox@infosec.pub 1 points 9 months ago

Now that I think about it, Johnny Harris did a really good report about insider trading by Congress.

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