SAWT BEIRUT INTERNATIONAL

| 22 February 2024, Thursday |

Google, Meta, Qualcomm team up to push for open digital ecosystems

In reaction to new EU tech regulations, Alphabet’s (GOOGL.O) Google, Meta Platforms (META.O), Qualcomm (QCOM.O), and seven other tech giants joined forces on Wednesday to advocate for open digital ecosystems. This move may also blunt the edge of potential future laws.

The group, which goes by the name Coalition for Open Digital Ecosystems (CODE), declared that it aims to encourage more open platforms and systems in order to stimulate innovation and growth in Europe.

The group said it will work with academics, policymakers and companies on digital openness and how this can be achieved in Europe “through the implementation of the Digital Markets Act (DMA) and in future EU regulatory framework developments”.

The DMA requires gatekeepers — tech giants that control access to their platforms — to allow third parties to inter-operate with the gatekeeper’s own services and allow their business users to promote their offer and conclude contracts with their customers outside the gatekeeper’s platform.

“We have had a number of conversations in the past few months about what ‘good’ looks like when it comes to digital ecosystems in Europe, what fosters innovation, and what will positively impact competitiveness. We think openness is the crucial element,” Lynx founder Stan Larroque said in a statement.

    Source:
  • Reuters