The EU Digital Markets Act and what it means for ‘big tech’ | World ...
WEBSep 19, 2023 · The European Union (EU) has introduced a set of laws aimed at curbing the power of ‘big tech’ firms to make European digital markets more competitive. Known as the Digital Markets Act (DMA), the rules are to remove market barriers created by large “gatekeeper” platforms such as Google, Facebook and …
EU's Digital Markets Act has big implications for 'Big Tech'
WEBNov 10, 2022 · The new EU Digital Markets Act will determine rules for platforms that keep access, opportunity or knowledge in the digital sector to themselves. These platforms have significant impacts on the internal market, serving as important gateways for businesses to reach their end users, a data privacy expert explains.
Digital assets economy: How financial markets are accelerating …
WEBMay 25, 2022 · And as tangible assets ranging from gold to artwork and baseball cards are tokenized – and those digital assets presumably will be used at some point to purchase physical goods as well as securities – investors and consumers must have confidence in the way the value of those assets is established, and in the regulation, governance and risk ...
What does the EU’s new Digital Markets Act mean for big tech?
WEBThe Digital Markets Act is expected to have a significant impact on big tech companies. The new law will force them to change the way they operate and make it easier for consumers and smaller businesses to compete. For example, the ban on ranking their own products above those of rivals could lead to more choice and lower prices for consumers.
Here's how the Digital Services Act changes content moderation
WEBDec 13, 2022 · Listen to the article. The Digital Services Act aims to provide clearer and more standardized rules for digital content. Companies will need to consider content removal and take a proactive and transparent approach to moderation. With enforcement throughout Europe, companies need to ensure the right systems and processes are in …
How are crypto regulations changing around the world? | World …
WEBMay 2, 2024 · Governments around the world are building out new rules for cryptocurrencies. The International Organization of Securities Commissions has also laid out its 18 recommendations for global rules on managing crypto and digital assets. The World Economic Forum’s Pathways to the Regulation of Crypto-Assets details key regulatory developments over ...
4 ways regulators must keep up with the global digital economy
WEBJul 19, 2021 · It may adopt an even more holistic view of data protection and competition under its new chair, who is a well-known figure in antitrust circles. 2. Scale. Regulators also need to find a way to keep up with unprecedented financial firepower that gives large technology firms the ability to outflank them on many fronts.
To regulate digital platforms in the future, we should look to the …
WEBMay 8, 2019 · 1) Embrace comprehensive sector-specific regulation by empowering a single regulator to oversee digital platforms, rather than using multiple agencies to apply a mix of competition policy, content moderation policy, consumer protection and public safety. Only by recognising the unique nature of digital platforms can governments ensure ...
What we can learn about the future of digital assets regulation …
WEBSep 27, 2022 · The US Department of the Treasury (Treasury) sees crypto’s potential risks, including disclosure gaps and user confusion, as a challenge to continued innovation and adoption; as Treasury Secretary Yellen stated, “The reports clearly identify the real challenges and risks from digital assets used for financial services […] if these risks are mitigated, digital assets and other emerging ...
How attention to data privacy will stabilize our financial markets
WEBMay 25, 2022 · Gartner projects that by 2023, 75% of the world’s population will be covered by privacy laws. The stakes will only get higher. We are currently generating globally 2.5 quintillion bytes of data per day (a quintillion is 1 followed by 18 zeros). The security issues surrounding data are themselves significant.