- New regulations will target six major tech companies to improve consumer experience and data privacy. These include Alphabet, Amazon, Apple, ByteDance, Meta, and Microsoft.
- Pre-installed apps like weather and email that are difficult to delete will be disallowed, aiming to promote interoperability and reduce “gatekeeping” activities.
- Companies will be prohibited from monetizing user data collected from phone apps for advertising purposes.
- The regulations will encourage competition by allowing alternative payment systems, benefiting startups and consumers.
- The European Commission aims to empower consumers and ensure tech giants adhere to European rules, providing immediate accountability for any issues.
How is Ireland’s tax rate any different to Delaware’s. Opportunity cost isn’t the same