The EU and British new fines for Tech Giants

Some of the links in this article are "affiliate links", a link with a special tracking code. This means if you click on an affiliate link and purchase the item, we will receive an affiliate commission.

The price of the item is the same whether it is an affiliate link or not. Regardless, we only recommend products or services we believe will add value to our readers.

By using the affiliate links, you are helping support our Website, and we genuinely appreciate your support.

the EU digital rulebook to prevent Tech Giants from acting unfairly  and the British government plan to step up policing of harmful material online are about new specific measures aimed at the biggest tech companies.

The rules, known as the Digital Markets Act, sets out three criteria for defining the Tech Giants. The EU’s Digital Services Act updates the bloc’s 20-year-old rules on e-commerce by making platforms take more responsibility for their goods and services. 

Margrethe Vestager, the EU’s executive vice president overseeing digital affairs said that the proposals aim to “make sure that we, as users, as customers, businesses, have access to a wide choice of safe products and services online, just as well as we do in the physical world,” 

In Britain, big tech companies and social media similarly face big fines if they don’t remove and limit the spread of harmful material such as child sexual abuse or terrorist content and protect users on their platforms. 

It’s the first punishment for a big US tech company since the EU’s strict privacy rules, known as General Data Protection Regulation, took effect in 2018.

Leave a Reply

Your email address will not be published. Required fields are marked *