>Included in the rules' scope will be platforms with a market capitalization of €75 billion or turnover in the European Economic Area equal to or above €7.5 billion
So the rules are meant to target only the TOP part of the Tech Sector. Not the Whole Tech Sector.
There could be backfires on everyone though.
I do feel though that the Apple/Facebook/Microsoft/Google/Amazon are innovating less and less and are going into cash squeeze mode.
There has been a lot of talk on Hacker News on how Google search quality is decreasing.
All the privacy laws containing Facebook push them to bet on something new Meta/Oculus.
So I think here the effort is to allow smaller tech to thrive and grow.
>Included in the rules' scope will be platforms with a market capitalization of €75 billion or turnover in the European Economic Area equal to or above €7.5 billion
So the rules are meant to target only the TOP part of the Tech Sector. Not the Whole Tech Sector. There could be backfires on everyone though.
I do feel though that the Apple/Facebook/Microsoft/Google/Amazon are innovating less and less and are going into cash squeeze mode. There has been a lot of talk on Hacker News on how Google search quality is decreasing.
All the privacy laws containing Facebook push them to bet on something new Meta/Oculus. So I think here the effort is to allow smaller tech to thrive and grow.