EU’s new tech laws are working – small browsers gain market share
Technology
10 April 2024, 2:45 am 1 minute
Reuters exclusively reported that Independent browser companies in the European Union are seeing a spike in users in the first month after EU legislation forced Alphabet’s Google, Microsoft and Apple to make it easier for users to switch to rivals.
Market Impact
The early results come after the EU’s sweeping Digital Markets Act, which aims to remove unfair competition, took effect on March 7, forcing big tech companies to offer mobile users the ability to select from a list of available web browsers from a “choice screen.”
Article Tags
Topics of Interest: Technology
Type: Reuters Best
Sectors: Technology
Regions: Europe
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story