New European Union rules will rewrite the basic tenets of business on the internet and on mobile, upending how Big Tech makes money and how consumers access these services. The Digital Markets Act (DMA) is one of the world's toughest pieces of legislation targeting the world's top technology companies' market clout and is aimed at making it easier for people to move between competing services – such as social media platforms, internet browsers and app stores. On Wednesday, the EU Commission designated 22 services of the major tech companies as 'gatekeepers' of online services.
FILE PHOTO: European flags fly outside the European Commission headquarters in Brussels,LONDON - New European Union rules will rewrite the basic tenets of business on the internet and on mobile, upending how Big Tech makes money and how consumers access these services.
That means they will be required to make their messaging apps inter-operate with rivals and let users decide which apps to pre-install on their devices. Currently, Android users can install apps from alternative sources, a process known as "sideloading", but this often requires them to switch off certain security settings. Apple has warned against sideloading for security purposes.
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