EU negotiators agree on landmark law to curb Big Tech

A question, why hasn't EU/UK fail to embrace the digital market?

I can offer an insight, the next generation of blockchain asymmetric-key algorithms, and hash functions investment is from US institutions.

All these companies are innovators, day one.

Europe just leeches, and regulates, smothering there own digital development.

The rules could come into place starting on January 1, 2023, though tech companies are asking for more time to implement the law.

9 months seems long enough to me.

They are large companies and should have enough staff to put towards looking deep into the new laws for loop holes, etc.

Will the law work as the EU plans, we will find out next year.

-A question, why [has] EU/UK [failed] to embrace the digital market?

Good point. European start-ups generally sell out to GAFA as soon as they can. There are no retail tech giants like GAFA in Europe, so European VC is generic finance: strictly money in/money out. There is no desire to build a brand, compete or become a part of GAFA 2. Backers just want the money and would add their granny to the deal if it made it more lucrative. Most European coders have little personal access to cash and have to pimp themselves much earlier than US outfits, so they have less say in this. You may also need access to patent stashes, which often means having a US tech buyer or backer. Europe has plenty of innovative coders, but it is a lousy place to try to take a product to market, the UK especially so now it is even more isolated from the EU/foreign labour. The new EU rules won't change this one iota.

If GAFA really wanted, they could pull out of the EU as they have done from Russia, but I doubt they would. They won't enjoy it, but the changes are all feasible, if it goes south they can blame politicians, and any 'partners' will be trailing to compete whenever changes are made. Android always updates later on 3rd party phones than on Pixels. The same will be true with any other software.

9 months isn't a long time to make fundamental changes in the way they roll out retail tech. They will have to supply quite a bit of code and documentation to these third parties if this is going to work. Much of that data will find its way to hackers, who will then have a better shot at services. It will make services more vulnerable, but in opposing end to end encryption, politicians themselves have been demanding that services become more vulnerable. And Eurocrats never do anything within 9 months except increase their own wages.

Good news for Huawei. They may be banned from Android, but they should now have a shot at Android compatibility, with free-range documentation and access mandated.

Forcing access to third parties in beneficial in theory, but there will be so many strings attached and caveats, that it may not make too much difference.

GAFA don't really innovate any more and haven't done for some time. They are lawyer-centric corporate entities, defending their turf. Any innovation would compete with their tech, disrupt their business model and break their centralised, controlling topology. They have a great deal vested in maintaining the status quo.

The innovation out there is happening, globally, at the level of individual coders operating between the originators of data and the web browser, doing things that data providers and Chrome do not want you to do. This cannot be commercialised as the lawyers would be round very quickly.

GAFA 2 is up for grabs, re-doing everything with distributed technologies. Neither GAFA nor governments will appreciate this. Governments may even outlaw it. So it too may not be commercialised GAFA-style. But it will be worth seeking out.

GREAT move.

Linux Mint, Cinnamon GUI, Libre Office. Brave with Duck-Duck-Go, ...... Just saying ..........