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EU Passes Landmark Rules for Tech Companies Like Amazon and Apple | Tech News Briefing Podcast | WSJ

Wall Street Journal by Wall Street Journal
August 24, 2022
in Business
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EU Passes Landmark Rules for Tech Companies Like Amazon and Apple | Tech News Briefing Podcast | WSJ
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Legislators in the European Union have approved two sweeping digital regulations aimed at tech companies and online businesses. The laws are the most far-reaching efforts by Western countries to rein in big tech in a generation.

WSJ tech reporter Sam Schechner joins host Julie Chang to explain the new rules and how companies are assessing them.

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Photo: Justin Tallis/Agence France-Presse/Getty Images

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Tags: alphabetalphabet euAmazonamazon meanticompetitive lawAppleapple meBig Techbreaking newsBriefingbusiness news africabusiness news australiabusiness news australia todaybusiness news europebusiness news new zealandbusiness news us marketbusiness news usa todaycompaniesdigital markets actdigital services acte-commerceecommerceeueu business news european enterprise awardseu tech lawseuropean unionfacebookfacebook megoal meGooglegoogle mei lawi lawsi techinstagraminstagram meLandmarklatest news todaylegislationmetamicrosoftmicrosoft meNetflixnetflix menew business usa 2022Newsnews todayonline contentPassesPodcastprivacyregulationsrulessocial mediasocial media appstechtech companiestech lawstech regulationsus financial news todayworld newsWSJ
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Comments 36

  1. Awzy says:
    3 years ago

    Why’d you pick the person with the lisp man?😂

  2. Organized Chaos says:
    3 years ago

    Should the US also target European companies that have monopolies or are acting in monopolistic practices

  3. Chairman 猫 says:
    3 years ago

    As of today, both Apple and Google are screwed!

  4. Scott Richards says:
    3 years ago

    Regulatory capture at its finest

  5. Das Fahrer says:
    3 years ago

    Man that lisp is really, really distracting.

  6. Kevin Kent says:
    3 years ago

    The DSA is just govt-controlled speech. As an American, I have no idea why we consider Europe to be our ally. We don’t agree on any fundamental values. Only the American far left agrees with govt controlling private speech.

  7. Max Zavala says:
    3 years ago

    I wouldn’t like the Play Store on my iPhone, that’s just crazy.

  8. Sulfen says:
    3 years ago

    I'm glad that they're finally looking into this issue. Macs/Windows computers have allowed you to download programs and apps from any store without issue. Yes it does cause security issues but people who go out of the ecosystem understand the risks.

  9. world citizen G says:
    3 years ago

    I must applaud 👏 the EU for the new standardized USB law
    No more massive bunches of charging wires tangles

  10. Donating to Charity says:
    3 years ago

    In research conducted by the National Institutes of Health, participants who chose to donate a portion of $100 they were provided enjoyed activated pleasure centers in the brain.

    https://youtu.be/VKK0RrHu4ms

  11. looseys79 CoinPark says:
    3 years ago

    Hello blogger, I have watched several videos you made, which are very lively and interesting. How can I contact you?

  12. TheOnly1 says:
    3 years ago

    For me this video is more like a podcast than a youtube video…

  13. Moshe David Dyion says:
    3 years ago

    Stop adds irritating 😢

  14. Martcapt says:
    3 years ago

    EU leads the way!

  15. Sędziwój says:
    3 years ago

    This law do not touch small companies, which is very important.

  16. Ruhollah Hassani says:
    3 years ago

    Asian markets gain after Fed says rate hikes may be needed

  17. David Welty says:
    3 years ago

    The problem is who defines “harmful content” what if you have unpopular political views?

  18. Cleo14 says:
    3 years ago

    Europe likes regulations. They should regulate their own companies and leave American companies alone.

  19. Aurobindo Ghosh says:
    3 years ago

    apple? that is wsj had to make video to protest european law. or else no iphone ads

  20. Crown says:
    3 years ago

    iOS devices are the one place I can keep my grandparents safe from viruses and extortion scams. If they force Apple to allow other app stores it's going to be the bad old days of everything they click is a virus that steals their info, takes their money, and slows the device down doing who knows what.

  21. Donar Rivas says:
    3 years ago

    It's a typical tactics in the capitalist world, can't compete and can't win, put in the red tapes to reap profits from the winner's revenues. The U.S has done it a lot to China, from the wideband 5th generation to the tiktok apps to almost everything except the agricultural products or commercial planes which are good for U.S winning.

  22. ctwatcher says:
    3 years ago

    Anyone flying to Germany are traitors of USA people. They are worse than Hitler ever was.

  23. Moony says:
    3 years ago

    Thank you EU!! Here’s to hoping this spreads.

  24. Antonio Alverez says:
    3 years ago

    Don't wait until the market skyrocket again then you start biting your fingers wishing you made the decision to invest. bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn't matter if you don't have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice made

  25. Nova Verse says:
    3 years ago

    I can see a new smartphone coming for the European market with open source in mind, since EU wants fair distribution of many apps and programs..

    New EU tech startups can finally grow without big tech companies interfering with the development of smaller companies in Europe.

    Europe needs more tech companies and technologies to become competitive, something that Apple, Amazing and Microsoft don't like.

  26. Michael Bird says:
    3 years ago

    Hope they roll out the same rules in Australia!!

  27. ty says:
    3 years ago

    EU is very efficient on killing innovations with regulations they don’t understand. Can Any one name big tech companies established from EU ? I don’t think so. This is the reason!

  28. Rickoshay - ROS says:
    3 years ago

    Great news and long overdue. Apple, Meta and Twitter in particular need to be reigned in.

    Apple specifically for it's anti competitive behavior. Twitter and Meta for their appalling lack of due diligence to restrict bots anf fake accounts abusing their platforms.

    The US needs to follow suit to limit the damage and destabilizing influence these companies have on American society.

  29. O M says:
    3 years ago

    Here we go again, the EU is looking for more money from big tech

  30. Moto Tv Woods Farm 👍🔔 says:
    3 years ago

    an attempt to put peoples wishes before that of big businesses – the EU should be applauded – big business will alter their products and service to comply – a good news story

  31. Yashaswi Singh says:
    3 years ago

    Eu really is leading the way for all the governments worldwide!

  32. Jamie Soden says:
    3 years ago

    ♥️

  33. Mr. Bob Dobalina • 93 years says:
    3 years ago

    TLDR: Digital Markets Act & Digital Services Act.

    App stores to include competitors products.
    Install software from sources outside of marketplaces/app stores.
    USB-C as a standard on all phones.

    Should be all good to go in a year.

  34. Gregorio Sevilla says:
    3 years ago

    The tested weed practically disapprove because stage independently start following a open gym. nutty, abject steam

  35. Angelum Band says:
    3 years ago

    Big Brother european style.

  36. Yasin Nabi says:
    3 years ago

    If you want to get rich, focus on creating value to the market, then the money itself will flow in, Value itself is the symbol of money you are making, a fellow creator ~~~———

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