Diabytes
Digital Markets Act News
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DMA was introduced by the EU's commission to give back to the users the power to decide how their data is used and ensure innovative companies can compete on equal footing with tech giants on data access.
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With a population exceeding 1.4 billion and a growing affluent class, India is a potential market for major tech corporations.
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This change not only affects users' access to information but also disrupts direct connections between businesses and customers, says Adam Cohen, director of economic policy at Google.
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The European Commission announced five investigations into Apple, Google, and Meta's compliance with the DMA, with completion expected within 12 months.
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Meta launched the service to comply with the Digital Markets Act which curbs its ability to personalise ads for users without their consent.
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Apple is making crucial updates on iPhone and iPad software, allowing app sideloading in the EU due to the Digital Markets Act. Changes exclude India.
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Spotify's strategic move aims to avoid Apple's 30 percent fee for purchase through its App Store.
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