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EU Digital Markets Act, aimed at Google, Apple, Amazon, approved

consilium.europa.eu

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Re: EU Digital Markets Act, aimed at Google, Apple, Amazon, approved

#22

These regulations are precisely targeted to harm these monopolies, but ultimately they will also harm the small players trying to get into the market because of the huge compliance risk. So it is a double edged sword as we’ve seen this play out before. The solution is to prevent monopolies forming in the first place and break them up quickly. And God sakes, stop approving mega mergers (facebook and Instagram? Lol. Go…

>they will also harm the small players trying to get into the market because of the huge compliance risk.

You will be pleased to hear that the legislation has a floor defined for "Gatekeepers" as only those with a fair market valuation over €75 billion.

Re: EU Digital Markets Act, aimed at Google, Apple, Amazon, approved

#23

These regulations are precisely targeted to harm these monopolies, but ultimately they will also harm the small players trying to get into the market because of the huge compliance risk. So it is a double edged sword as we’ve seen this play out before. The solution is to prevent monopolies forming in the first place and break them up quickly. And God sakes, stop approving mega mergers (facebook and Instagram? Lol. Go…

>they will also harm the small players trying to get into the market because of the huge compliance risk. You will be pleased to hear that the legislation has a floor defined for "Gatekeepers" as only those with a fair market valuation over €75 billion.

Didn’t notice that. Thanks for pointing that out. I can’t recall a recent piece of regulation that had that provision so this will be interesting to see if it works in reality.

Re: EU Digital Markets Act, aimed at Google, Apple, Amazon, approved

#24

Won't this at least increase the prices of the hardware produced by these companies?

We shall see. One thing to remember is that the price of a good is not determined by its costs or profitability, but rather by supply and demand. Apple and Google, for example, are undoubtedly already charging as much as they can for phones in all markets. Given their respective marketing prowess, I expect those prices to be very near the optimal price point already. If they increase prices, they lose sales to a greater degree, and ultimately earn less.

Either way I'm sure they will use this legislation as a marketing tactic to justify typical annual price increases.

Re: EU Digital Markets Act, aimed at Google, Apple, Amazon, approved

#25
post #7

Quoted post unavailable.

Can you explain why this is a bad thing?

This bring more choiche power to the final user. But are final users always in position to make such choiches? Do the final user always have the competence? If you open the app store walled gardens good things can enter, but even bad things. Today if you buy an iPhone to you son you sure that apps are reviewed by Apple. With this ACT, nor Apple, nor other provider can give you this certainty of app moderation.

Re: EU Digital Markets Act, aimed at Google, Apple, Amazon, approved

#26

Earlier quoted context omitted.

>they will also harm the small players trying to get into the market because of the huge compliance risk. You will be pleased to hear that the legislation has a floor defined for "Gatekeepers" as only those with a fair market valuation over €75 billion.

Didn’t notice that. Thanks for pointing that out. I can’t recall a recent piece of regulation that had that provision so this will be interesting to see if it works in reality.

It is arguably unprecedented, so I am also very interested to see how this plays out.

Re: EU Digital Markets Act, aimed at Google, Apple, Amazon, approved

#27
post #11

This is easily one of the most expansive Acts regarding computing devices passed in my lifetime. The summary is in the link. As an iPhone user, this will enable me to: * Install any software * Install any App Store and choose to make it default * Use third party payment providers and choose to make them default * Use any voice assistant and choose to make it default * User any browser and browser engine and choose to…

> Use any voice assistant and choose to make it default Cool. I have an iPhone but everything in my house uses Alexa. It would be great to have my phone control my using using ‘Alexa’ as a wake word. It will also be nice to have a real Brave or Opera or whatever (with Blink not WebKit) on my iPhone.

Second this, Apple has shown zero interest to support my native language (they went 11 years between adding new languages to iOS). This would allow me to switch to Google Assistant which supports it and just use that.

Re: EU Digital Markets Act, aimed at Google, Apple, Amazon, approved

#30
post #25

Earlier quoted context omitted.

Can you explain why this is a bad thing?

This bring more choiche power to the final user. But are final users always in position to make such choiches? Do the final user always have the competence? If you open the app store walled gardens good things can enter, but even bad things. Today if you buy an iPhone to you son you sure that apps are reviewed by Apple. With this ACT, nor Apple, nor other provider can give you this certainty of app moderation.

So your stance is folks don't deserve freedom because you feel you know better. Such a recipe for a great time.
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