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Big Tech might have to share data with rivals

EU ready to insist

The European Union is preparing to force big tech to share their customer data with smaller rivals, the Financial Times reported

 An early draft of its landmark ‘Digital Services Act’ regulations states: “The likes of Amazon and Google shall not use data collected on the platform . . . for (their) own commercial activities . . . unless they (make it) accessible to business users active in the same commercial activities.”

EU antitrust chief Margrethe Vestager would announce by the end of this year tough new rules under the Act, aimed to increase social media companies’ responsibilities and liability for content on their platforms.

The draft suggests that technology giants may be banned from preferential treatment of their own services on their sites or platforms, to the detriment of rivals, according to the report.

Companies should not be allowed to pre-install their own applications on hardware devices, such as laptops or phones, or force other companies to exclusively pre-install their software, it added.

TOPICS:
big tech  ·  EU

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