The European Union has reached a consensus on the “Digital Market Law”, which has been on the agenda for years. According to the law, tech giants such as Google and Apple will be subject to strict rules. Companies will be prevented from “running horses” as they wish. So what are the articles in this law?
The European Union has been working on a new bill that will impose sanctions on technology giants for a while. was continuing. With the latest statements “Digital Market LawIt was stated that an agreement was reached on this bill, which is called “. Thanks to this agreement, companies such as Meta, Microsoft, Google and Apple thick to the rules they will be subject.
The bill, which was negotiated and agreed upon in the European Parliament, includes issues to prevent technology giants from “running around as they please” on digital platforms. With the law, about companies that prevent competition and make the consumer victim. up to 20 percent of their global turnover may be fined. Moreover, in the past As spoken in the USA Purchase limits will also apply in Europe. In other words, giant companies will be prevented from printing money and buying their competitors.
Articles in the European Union’s Digital Market Law
- Big platforms with a market value of at least 75 billion euros, annual turnover over 7.5 billion euros, reaching more than 45 million monthly users or used by more than 10 thousand commercial enterprises.gatekeeper” and will be subject to the “Digital Market Law”.
- Gatekeepers will be scrutinized with great care, especially within the scope of unfair competition practices. As a result of the examinations, some of the companies that do not comply with the current European Union laws activities can be suspended.
- If gatekeepers are found to be acting illegally, their global turnover will be reduced in the first place. 10 percent of penalty will be applied. If the violation persists or the company does not make the necessary adjustment, the fine to be applied will increase the global turnover. up to 20 percent will be.
- None of the gatekeepers will be able to put their own service ahead of their opponents. The user can see all similar services together, can make their own choice.
- Belonging to different gatekeepers messaging appswill be redesigned to work together.
- Users can use the software and services pre-installed by the brand they receive service from, if they want. they can lift. The technology company will not be able to apply any restrictions at this point.
- Gatekeepers to eliminate their opponents they won’t be able to buy.