The European Union is set to unveil new rules it says will “overhaul” the digital market, including how tech giants operate.
A pair of laws – the Digital Services and Digital Markets Acts – will be announced later on Tuesday.
They are expected to be the biggest revision in 20 years, focusing on competition and making platforms responsible for hosted content.
There are also likely to create heavy fines for violations of the rules.
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Putting digital services at the service of Europeans by Margrethe Vestager and Thierry Breton
Even in the midst of the biggest crisis most of us have ever witnessed, digital services help us to continue working, doing business, learning, staying informed, shopping, entertaining ourselves, socialising and staying in touch with our friends and families across the globe.
Online platforms – big and small – have become central in our economy and society. Even in our democracy.
While digital services offer unprecedented opportunities, the risks are also real: online bullying, hate speech, fake news, skewed elections, unsafe or counterfeited goods, being choked off from business opportunities if you’re a small player – the list is long.
Brussels’ digital plan leaves the key issue unaddressed
Tomorrow, the European Commission will publish its proposal to address excessive power in digital markets. Zeroing in on the digital sector makes little economic sense: new limits to Big Tech’s leverage will not give the European economy the dynamism it needs to foster technological development.
What the Digital Services Act must do to protect online shoppers
From scam ads on Google and Facebook, the purchase of fake reviews on various platforms to chemicals surpassing legal limits in children’s toys sold on Wish, Amazon and eBay – the internet is rife with products, services and content which should never be offered in Europe.