Meta Platforms (META) is under fire by EU regulators who claim the company's ad subscription model is a pay-for-content scheme that requires users to choose ...
) is under fire by EU regulators who claim the company's ad subscription model is a pay-for-content scheme that requires users to choose between paying a fee or handing over more personal data to use for targeted advertising . Imperial College Business School professor of economics Tommaso Valletti joins Catalysts to discuss Big Tech 's regulation issues in the EU.
Companies charged under the Digital Markets Act may respond, which would kick off a regulatory dialog. Valletti says,"I suspect that the stakes are so high because the philosophy of the European Commission is that they would like some Big Tech companies to change the business model. So in terms of Meta, it's about data collection. In terms of Apple , they have an ecosystem which is completely closed and they want to have a revolution there.
Big Tech European Commission Imperial College Business School Targeted Advertising Meta Platforms
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Meta’s 450% Surge Offers Potential for Next Big Tech Stock SplitAn uptick in the number of companies enacting stock splits this year has Wall Street looking at who could be next — with some analysts pointing to Meta Platforms Inc.
Read more »
Supreme Court Strikes Down Anti-Censorship Social Media Laws In Win For Tech PlatformsPaul Blumenthal is a senior reporter with the HuffPost Politics team based in Washington, D.C. He covers courts, elections, political economy and political history.
Read more »
How Meta’s AI uses your data and why opting out is not so simpleMeta AI chatbot embedded in the company’s platforms is raising a lot of questions
Read more »
Meta’s 450 per cent surge offers potential for next tech stock splitAn uptick in the number of companies enacting stock splits this year has Wall Street looking at who could be next — with some analysts pointing to Meta Platforms Inc.
Read more »
Apple rejected Meta's pursuit of AI partnership: BBGApple (AAPL) has reportedly rejected Meta's (META) attempts at forging a partnership. According to a Bloomberg report, the tech giant declined Meta's...
Read more »
Technology and the law: The new age of Big Tech monopoliesGovernments, regulators and courts must do more – and they can look to history, such as the antitrust case against Microsoft in the 1990s, for inspiration
Read more »