Apple asks EU to repeal Digital Markets Act regulations

Apple has urged EU antitrust authorities to repeal Digital Markets Act regulations, claiming they pose privacy risks to users and could stifle innovation.
Mark Gurman and Edwin Chan for Bloomberg News:
‎

In a blog post, the iPhone maker stressed it was complying but urged regulators to look more closely at their impact on people and companies across the region. Apple went further in remarks submitted separately to the European Commission, asking the watchdog to repeal or scale back the regulation.
Apple has previously made clear its opposition to the Digital Markets Act, which lays out a series of dos and don’ts for the likes of Alphabet Inc.’s Google Search, Apple’s Safari, Amazon.com Inc. and Meta Platforms Inc.’s Facebook among others. It’s intended to head off competition violations by tech firms before they take root, and fines for violations can be up to 10% of global revenue — or as much as 20% in the case of repeated breaches.
On Thursday, Apple singled out the danger to users from being forced to host external payments services and allow sideloading — or the downloading of apps from third-party marketplaces. That may expose iPhone users to malware or scams, it argued. Allowing other companies to request user data — as stipulated under the Act — may compromise sensitive information, it said…
US President Donald Trump has long railed against EU tech and antitrust regulation over US tech giants. In August, he threatened to impose fresh tariffs and export restrictions on advanced technology and semiconductors in retaliation against other nations’ digital services taxes that hit American technology companies.

‎
MacDailyNews Take: As we wrote quite some time ago:
[W]e usually prefer the government to be hands-off wherever possible, Laissez-faire… Regulations are static and the marketplace is fluid, so extensive regulations can have unintended, unforeseen results down the road. – MacDailyNews, June 9, 2006

The European Union arose because the Europeans couldn’t compete on their own with the rest of the world, so they each lined up to surrender their national sovereignty, unique cultures, and dignity for an undemocratic, opaque, wasteful, bloated, bureaucratic quasi-governmental blob – and, even with the EU’s thumbs all over the scale, they still can’t compete. — MacDailyNews, March 4, 2024

‎
Please help support MacDailyNews — and enjoy subscriber-only articles, comments, chat, and more — by subscribing to our Substack: macdailynews.substack.com. Thank you!
Support MacDailyNews at no extra cost to you by using this link to shop at Amazon.
The post Apple asks EU to repeal Digital Markets Act regulations appeared first on MacDailyNews.