The EU Digital Markets Act and what it means for ‘big tech’ | World ...
WEBSep 19, 2023 · The European Union (EU) has introduced a set of laws aimed at curbing the power of ‘big tech’ firms to make European digital markets more competitive. Known as the Digital Markets Act (DMA), the rules are to remove market barriers created by large “gatekeeper” platforms such as Google, Facebook and …
EU's Digital Markets Act has big implications for 'Big Tech'
WEBNov 10, 2022 · The new EU Digital Markets Act will determine rules for platforms that keep access, opportunity or knowledge in the digital sector to themselves. These platforms have significant impacts on the internal market, serving as important gateways for businesses to reach their end users, a data privacy expert explains.
What does the EU’s new Digital Markets Act mean for big tech?
WEBThe Digital Markets Act is expected to have a significant impact on big tech companies. The new law will force them to change the way they operate and make it easier for consumers and smaller businesses to compete. For example, the ban on ranking their own products above those of rivals could lead to more choice and lower prices for consumers.
Digital assets economy: How financial markets are accelerating …
WEBMay 25, 2022 · And today, we’re using distributed ledger technology, application programming interfaces and cloud to varying degrees in projects ranging from a prototype to explore how CBDC might operate in US clearing and settlement, to a Digital Securities Management platform to create infrastructure and standards for …
Here's how the Digital Services Act changes content moderation
WEBDec 13, 2022 · Listen to the article. The Digital Services Act aims to provide clearer and more standardized rules for digital content. Companies will need to consider content removal and take a proactive and transparent approach to moderation. With enforcement throughout Europe, companies need to ensure the right systems and processes are in …
How are crypto regulations changing around the world? | World …
WEBMay 2, 2024 · Governments around the world are building out new rules for cryptocurrencies. The International Organization of Securities Commissions has also laid out its 18 recommendations for global rules on managing crypto and digital assets. The World Economic Forum’s Pathways to the Regulation of Crypto-Assets details key regulatory developments over ...
To regulate digital platforms in the future, we should look to the …
WEBMay 8, 2019 · The Case for the Digital Platform Act: Market Structure and Regulation of Digital Platforms looks at the last 150 years of regulating telecommunications and electronic media to provide guidance on how we can regulate digital platforms in a manner consistent with our enduring values as a democratic society, by striking the proper balance between ...
What is tech diplomacy and why does it matter? - The World …
WEBFeb 23, 2023 · For De Graaf – who oversaw both the EU’s Digital Markets Act (DMA) and the Digital Services Act (DSA), designed respectively to protect smaller businesses and ensure companies combat harmful content online – having a …
4 ways regulators must keep up with the global digital economy
WEBJul 19, 2021 · It may adopt an even more holistic view of data protection and competition under its new chair, who is a well-known figure in antitrust circles. 2. Scale. Regulators also need to find a way to keep up with unprecedented financial firepower that gives large technology firms the ability to outflank them on many fronts.
How attention to data privacy will stabilize our financial markets
WEBMay 25, 2022 · On a positive note, just as data privacy can tank share prices, it can elevate them. The most profitable companies in the world have made data privacy a brand differentiator. Two tech companies that have made data privacy and security their brand differentiators have a market cap of $2.5 trillion dollars and $2.055 trillion, respectively.