11 December 2024
Changes for Google, Apple, Meta and Microsoft
6 March 2024 marked a major turning point for tech giants such as Google, Apple, Meta and Microsoft, with the entry into force of the Digital Market Act. This new legislation aims to regulate the power of large digital platforms and protect consumers and small businesses.
For Google, this means that they will have to be more transparent about how they rank search results and that they will have to allow users to choose their default search engine. Apple, meanwhile, will have to comply with stricter rules on privacy protection and competition in the App Store.
Meta, formerly known as Facebook, will face tougher measures to combat misinformation and protect users' personal data. Finally, Microsoft will have to guarantee fair access to its suite of online tools and services.
The Digital Market Act is not just limited to the big tech companies, but will also affect emerging players such as ByteDance, the company behind TikTok. This new regulation aims to ensure a fairer and more competitive digital market for all players involved.
Ultimately, the Digital Market Act is an important step towards better regulation of the tech sector and greater protection for consumers and smaller businesses. Tech giants will now have to adapt to these new rules in order to remain compliant and continue to prosper in an ever-changing digital marketplace.
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