The WFD is scheduled to come into force in 2023

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rUparaHmaN017
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The WFD is scheduled to come into force in 2023

Post by rUparaHmaN017 »

The DMA also foresees restrictions on personalized advertising (the same that fills the coffers of companies like Google and Meta to the brim). From 2023, users will have to give their explicit consent on how companies collect and manage their personal data. In addition, the rule prohibits companies from combining personal data obtained through multiple services (Facebook and WhatsApp simultaneously, for example) unless they have the express consent of the user.

Under the new Digital Markets Act, messaging list of real cell phone numbers services of large companies will also have to demonstrate their compatibility with smaller platforms.

The obligations arising from the DMA will be binding on companies with a market value of at least 75 billion euros. If companies evade these obligations, they could be fined up to 20% of their annual turnover or even be broken up by Brussels.

The Digital Markets Act puts an end to the growing dominance of big tech companies . From now on, big tech companies must prove that they also enable fair competition on the internet," emphasises the rapporteur for the act in the European Parliament, MEP Andreas Schwab.

The EU is also in the process of drafting the Digital Services Act , which will force technology companies to be more transparent about the operation of the algorithms that determine what content reaches users on the internet and to remove illegal content as quickly as they become aware of it.
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