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The FT: Brussels Drafts Rules to Force Big Tech Companies to Share Data

1 Oct 2020 10:00 AM | Anonymous

The EU is preparing to force Big Tech companies to share consumer data with smaller rival firms according to an early draft of the Digital Services Act which is expected by the end of the year.

Regulations are also set to be enforced in order to ensure that the gatekeeper platforms big tech companies use to run their sites should only be able to collect data for narrow purposes. 

By enforcing regulations like this Brussels is hoping to set a global standard for the technology sector and to minimise the advantages Big Tech companies like Google take because there are no rules.

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