Home » Europe, the squeeze on Big tech is underway but the real challenge is to free the data-driven economy

Europe, the squeeze on Big tech is underway but the real challenge is to free the data-driven economy

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Europe, the squeeze on Big tech is underway but the real challenge is to free the data-driven economy

Final green light from the Eurocamera to the digital single package designed to combat unfair practices and the abuse of dominant position of Big Tech on the markets and impose greater responsibility on the control and moderation of content on large online platforms.
The plenary yesterday approved the new regulation on digital markets (DMA) with 588 yes, 11 against and 31 abstentions and the law on digital services (Dsa) with 539 in favor, 54 against and 30 abstentions.

This is good news, and not only for Italian consumers, citizens, start-ups and companies but for the entire ecosystem of European innovation. With the final go-ahead of the Eurocamera to the digital single package, the overwhelming power of the well-known extra-European Big techs such as Google, Apple, Facebook, Amazon is not limited, but the foundations are laid for a new relationship of people with technologies and digital.

The Dma and Dsa that will begin to apply respectively six months and fifteen months after their entry into force will have a very similar impact if not greater than the GDPR, the legislation launched four years ago which has now established itself as a standard model in the world for regulate data management and the right to privacy. The obligations and sanctions envisaged for large digital platforms should not be understood as a European measure of a sovereign nature.

In the United States, some might observe that we are in the presence of a balkanization of data and information, of forms of protectionism from a twentieth-century nation-state, ultimately of a process of decoupling of the digital rules that will lead us to question all the brought about thirty years of globalization.

In reality, the combination of the two measures is characterized by a balanced approach between new rules and self-regulation. And it prepares the field for a different conception of digital media which are now the environment in which mainly the knowledge and information necessary for the daily life of Europeans develop. The Digital Market Act, which is the most criticized, is a regulation that adds to and does not replace the national antitrust regulations which may be the same or more stringent.

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