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New EU Legislation Addresses Big Tech Privacy, Economic Concerns
European Union lawmakers have put forth the Digital Markets Act that would implement sweeping reforms across the entire technology industry, potentially helping smaller companies compete with the larger tech giants. A vote on the measure is expected soon, and could be a major shakeup for Big Tech.
Shubha Ghosh is the Crandall Melvin Professor of Law at Syracuse University and director of the Syracuse Intellectual Property Law Institute (SIPLI). He provides written comments on the news below and is available for interviews and additional questions as the Digital Markets Act progresses in Parliament.
“With the Digital Markets Act, the European Union introduces a more regulatory approach to deal with the perceived excesses of large technology companies working in various digital markets, which include online sales, digital distribution of entertainment, social media, and communications interfaces. The goal is to make the large technology companies more responsive to the privacy and economic needs of their customers through rules that respect the goals of competition.”
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