3 ms·

* Tech sector * The EU * Tech sector

• giorgioz 5y ago
  Thanks for clarifying. >Included in the rules' scope will be platforms with a market capitalization of €75 billion or turnover in the European Economic Area equal to or above €7.5 billion So the rules are meant to target only the TOP part of the Tech Sector. Not the Whole Tech Sector. There could be backfires on everyone though. I do feel though that the Apple/Facebook/Microsoft/Google/Amazon are innovating less and less and are going into cash squeeze mode. There has been a lot of talk on Hacker News on how Google search quality is decreasing. All the privacy laws containing Facebook push them to bet on something new Meta/Oculus. So I think here the effort is to allow smaller tech to thrive and grow.
  • postingawayonhn 5y ago
    > There has been a lot of talk on Hacker News on how Google search quality is decreasing. I have a lot more faith in a viable competitor coming out of California than I do in EU regulations improving search results.
    • giorgioz 5y ago
      Me too...not sure where you are going with this...
• psd1 5y ago
  If poor little Google can't adapt to a changing landscape, it should die. That will not plunge the world into the dark ages.
  • giorgioz 5y ago
    Yes indeed if Google can't adapt it should die instead of being a monopole and just staying alive by abusing the dominant position. No innovation and abuse of the dominant position will lead to the dark ages, Google dying because not adapting will actually let other smaller companies to thrive and innovate in it's place.