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EU Drafts Rules to Force Big Tech Companies to Share Data: Report

The European Union (EU) is getting ready to pressure huge know-how corporations to share their buyer knowledge with smaller rivals, the Financial Times reported on Wednesday, citing an early draft of its landmark ‘Digital Services Act’ rules.

“The likes of Amazon and Google shall not use knowledge collected on the platform…for (their) personal industrial actions…except they (make it) accessible to enterprise customers energetic in the identical industrial actions,” the FT reported, quoting the draft.

When requested for remark by Reuters, Google pointed to a blog from earlier this month the place it first detailed its response to the Act, supporting measures that permit customers to maneuver between platforms with out dropping entry to their data.

“The question is not whether data mobility or data access should be facilitated, but how to achieve their benefits without sacrificing product quality or innovation incentives,” Google had stated within the weblog.

Amazon didn’t instantly reply to a request for remark.

EU antitrust chief Margrethe Vestager would announce by the tip of this yr robust new guidelines beneath the Act, aimed to extend social media corporations’ tasks and legal responsibility for content material on their platforms.

The draft means that know-how giants could also be banned from preferential remedy of their very own companies on their websites or platforms, to the detriment of rivals, in response to the report.

Companies shouldn’t be allowed to pre-install their very own functions on {hardware} gadgets, akin to laptops or telephones, or pressure different corporations to completely pre-install their software program, it added.

Reuters reported on Wednesday that China is preparing to launch an antitrust probe into Google.

In the United States, a authorities panel is expected to release a report into antitrust allegations in opposition to huge tech corporations as quickly as Monday.

© Thomson Reuters 2020

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