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EU reveals plan to regulate Big Tech

bbc.com

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Re: EU reveals plan to regulate Big Tech

#31

Post by ksec »

Majestic121 wrote: post #6

A interesting point missing from the BBC article is that they have different levels of expectations between small to medium businesses and large ones, to avoid regulatory capture ? : > Platforms that reach more than 10% of the EU's population (45 million users) are considered systemic in nature, and are subject not only to specific obligations to control their own risks, but also to a new oversight structure. Another…

>Another interesting tidbit is the answer to the common trope that 'private platform can act as they wish since they are private' :

Now the EU is saying the same thing to Apple. It is their market, and they dictate the rules. Which is perhaps a taste of Apple's own medicine?

I wonder what those people who keep saying it is Apple's platform they can do what ever they want had to say?

I sometimes wonder had Apple not been such an arse with its App Store and monopolistic rules. Would these regulations ever come up.

Re: EU reveals plan to regulate Big Tech

#32

Post by avianlyric »

kapilkaisare wrote: post #22
Majestic121 wrote: post #6

A interesting point missing from the BBC article is that they have different levels of expectations between small to medium businesses and large ones, to avoid regulatory capture ? : > Platforms that reach more than 10% of the EU's population (45 million users) are considered systemic in nature, and are subject not only to specific obligations to control their own risks, but also to a new oversight structure. Another…

Isn't 10% too low a number to consider a platform systemic?

What number would you pick?

I would say that any company that has 45 million customers is doing pretty good. 10% definitely makes many companies the largest in their sector, not every company is a Google or Amazon that’s completely consumed it’s market.

Re: EU reveals plan to regulate Big Tech

#33

Post by nickff »

ksec wrote: post #31
Majestic121 wrote: post #6

A interesting point missing from the BBC article is that they have different levels of expectations between small to medium businesses and large ones, to avoid regulatory capture ? : > Platforms that reach more than 10% of the EU's population (45 million users) are considered systemic in nature, and are subject not only to specific obligations to control their own risks, but also to a new oversight structure. Another…

>Another interesting tidbit is the answer to the common trope that 'private platform can act as they wish since they are private' : Now the EU is saying the same thing to Apple. It is their market, and they dictate the rules. Which is perhaps a taste of Apple's own medicine? I wonder what those people who keep saying it is Apple's platform they can do what ever they want had to say? I sometimes wonder had Apple not b…

The EU didn't create its citizens (unlike Apple which created its products); saying that the EU 'owns' their market is quite a big step in assuming control over the lives of residents.

Re: EU reveals plan to regulate Big Tech

#34

Post by juskrey »

FleaFlicker99 wrote: post #15
throwaway894345 wrote: post #7

> The operators of online platforms - such as social media apps and video-sharing sites of any size - must prioritise complaints raised by "trusted flaggers", who have a track record of highlighting valid problems. Who determines which problems are valid? Unless I overlooked something, this article seems really vague. > Likewise, all online stores must be able to trace traders selling goods via their platforms, in ca…

> must prioritise complaints raised by "trusted flaggers" That's the real concern here. Speech must be handled very carefully, but now we're elevating some specific people to be 'more equal' than others? Who are these people, and why do they get more say? I can see that opening a can of worms. I don't live in the EU, but just like that well intentioned but shortsighted cookie law, the rest of us will have to deal wit…

"Curators"

Re: EU reveals plan to regulate Big Tech

#36

Post by Hamuko »

plandis wrote: post #27
Hamuko wrote: post #21

Earlier quoted context omitted.

Is imposing restrictions on foreign companies bad?

If your intention is to hinder foreign competition, then yes. If it ends up doing that then I’d expect the US to take it to the WTO.

Actions against Huawei might also be taken to the WTO but I still believe that there are valid concerns there.

Re: EU reveals plan to regulate Big Tech

#37

Post by claydavisss »

Boo. The EU has had as much time as anyone to build a native digital economy. The web was born in Europe (TBL was working at a Euro science facility when he created it). Yet despite having an educated populace, wealth, infrastructure, and a bureaucracy that will favor homegrown tech, they are definitely behind North America and Asia and arguably behind India and even Africa.

No one is asking the tough question - why can't the EU build?

Re: EU reveals plan to regulate Big Tech

#38

Post by avianlyric »

ksec wrote: post #31
Majestic121 wrote: post #6

A interesting point missing from the BBC article is that they have different levels of expectations between small to medium businesses and large ones, to avoid regulatory capture ? : > Platforms that reach more than 10% of the EU's population (45 million users) are considered systemic in nature, and are subject not only to specific obligations to control their own risks, but also to a new oversight structure. Another…

>Another interesting tidbit is the answer to the common trope that 'private platform can act as they wish since they are private' : Now the EU is saying the same thing to Apple. It is their market, and they dictate the rules. Which is perhaps a taste of Apple's own medicine? I wonder what those people who keep saying it is Apple's platform they can do what ever they want had to say? I sometimes wonder had Apple not b…

> I sometimes wonder had Apple not been such an arse with its App Store and monopolistic rules. Would these regulations ever come up.

Nah these regulations were always coming. Everyone always likes to pick on Apple and the App Store, but quite frankly in the EU (where iPhones market share is only 24% compared to 49% in the US) Apple is small fries compared to companies like Facebook which basically owns 100% of social media.

Re: EU reveals plan to regulate Big Tech

#39

Post by avianlyric »

nickff wrote: post #33
ksec wrote: post #31

Earlier quoted context omitted.

>Another interesting tidbit is the answer to the common trope that 'private platform can act as they wish since they are private' : Now the EU is saying the same thing to Apple. It is their market, and they dictate the rules. Which is perhaps a taste of Apple's own medicine? I wonder what those people who keep saying it is Apple's platform they can do what ever they want had to say? I sometimes wonder had Apple not b…

The EU didn't create its citizens (unlike Apple which created its products); saying that the EU 'owns' their market is quite a big step in assuming control over the lives of residents.

> quite a big step in assuming control over the lives of residents.

Have you heard of laws and governments before? This is exactly what they do, it’s also why democracy is such a big thing.

If you’re gonna give that much power to an organisation, you want to make sure you can change it if start going off the rails.

> The EU didn't create its citizens (unlike Apple which created its products);

It might not have “created” it’s citizens. But it certainly created and maintains the environment that make those citizens wealthy and capable of being a market for Apple.

Re: EU reveals plan to regulate Big Tech

#40

Post by iguy »

avianlyric wrote: post #32
kapilkaisare wrote: post #22

Earlier quoted context omitted.

Isn't 10% too low a number to consider a platform systemic?

What number would you pick? I would say that any company that has 45 million customers is doing pretty good. 10% definitely makes many companies the largest in their sector, not every company is a Google or Amazon that’s completely consumed it’s market.

Also, 10% overall probably means a much higher share in some countries. Doesn't seem like a crazy threshold.
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