Likewise, the regulation indicates that companies must allow users to access data from their connected devices. These regulations will also affect cloud services from Amazon and Microsoft.
Companies have expressed concern about these changes, considering that they could hinder the flow of data. In this sense, the proposal points out that it is unlikely that large technology companies, such as Google, will benefit from the facilitation of data transfers.
It is worth mentioning that this is one more effort by the European Union to establish stricter rules around technology companies. Currently, the bloc is discussing the Digital Markets Law and the Digital Services Law, which seek to limit the power of companies and regulate their responsibility for the content that appears on the platforms.
Such measures have not been accepted in the United States and recently, a bipartisan group of lawmakers urged President Joe Biden to pressure the bloc’s leaders to modify the language of these laws, so that it does not “unfairly” target technology companies. Americans.
They also expressed concern about the fact that the Market Law does not seem to apply to Chinese technology companies, such as Alibaba or Tencent, which, according to what the legislators said, “operate with a competitive advantage, since they have the support of the Chinese government and benefit from a protected market of more than 1.3 billion consumers in China.