Tougher new rules for tech giants, more power to enforcers-EU’s Vestager

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European Competition Commissioner Margrethe Vestager also proposed new powers for enforcers to tackle market failures in digital markets and to stop new ones from emerging

Under the proposed Digital Services Act, online platforms will have to check sellers' identities before they can use their services in a move aimed at countering illegal and dangerous content.The tech companies will have to produce reports on their actions and inform users who pays for the advertisements that they see and why they have been targeted by certain adverts, Vestager said.“That proposal will have two pillars,” Vestager told a European Policy Center event.

Practices not allowed include pushing one’s own services, known as unfair self-preferencing, making it difficult for users to switch platforms or to use more than one service.

 

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Long over due break up of trusts as these are a failure of capitalism; we must always be vigilant in controlling capitalism as it results in the rise both of the revolting anti-globalists and ultra-nationalists and the failed idea of communism/Marxism, both being quite similar...

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