New Rules for Tech Giants: Promoting Fair Competition and User Choice Online.
This Act establishes strict rules for the largest online platforms to prevent them from unfairly favoring their own products over those offered by smaller businesses. For citizens, this means potentially greater choice, better service quality, and the ability to easily uninstall preinstalled apps or change default settings on major platforms. The goal is to foster competition and innovation in the digital marketplace.
Key points
Banning Self-Preferencing: Large platforms are prohibited from promoting their own products or services over those of competing businesses that use their platform.
Increased User Control: Users gain the right to easily uninstall preinstalled software and change default settings that steer them toward the platform operator's own services.
Data Protection for Businesses: Platforms cannot use nonpublic data gathered from business users to develop competing products or services.
Severe Penalties: Violations can result in civil penalties up to 10% of the platform's total U.S. revenue during the violation period.
Status:
Expired
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