• 551
  • 47
  • Favorite

EU's Vestager warns Apple against using privacy, security to limit competition

Reuters2021-07-02

BRUSSELS, July 2 (Reuters) - Europe's tech chief Margrethe Vestager on Friday warned iPhone maker Apple(AAPL.O)against using privacy and security concerns to fend off competition on its App Store, reasons CEO Tim Cook gave for not allowing users to install software from outside the Store.

Vestager, who is also the European Commission's executive vice president, last year proposed rules called the Digital Markets Act (DMA) that would force Apple to open up its lucrative App Store so that users can download apps from the internet or third-party app stores in a practice known as side-loading.

Cook, speaking at an event last month, said the proposal would destroy the security and privacy of iPhones.read more

Vestager said she shares Cook's security concerns.

"I think privacy and security is of paramount importance to everyone," Vestager told Reuters in an interview.

"The important thing here is, of course, that it's not a shield against competition, because I think customers will not give up neither security nor privacy if they use another app store or if they sideload," she said.

Vestager indicated that she was open to changes in her proposal, which needs input from EU countries and EU lawmakers before it can become law.

"I think that it is possible to find solutions to this," she said.

Vestager also said Apple's privacy changes, unlike Google's plan to block a popular web tracking tool called "cookies" which formed part of her investigation into the Alphabet unit's digital advertising business opened last month, were not in her crosshairs for now.

Apple rolled out an update of its iOS operating system in April with new privacy controls designed to limit digital advertisers from tracking iPhone users.

"As I have said, I think actually several times, that it is a good thing when providers give us the service that we can easily set our preferences if we want to be tracked outside the use of an app or not as long as it's the same condition for everyone. So far, we have no reason to believe that this is not the case for Apple," she said.

Apple did not immediately respond to an emailed request for comment.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment47

  • mmDesmm
    ·2021-07-05
    Thanks for sharing
    Reply
    Report
  • mmDesmm
    ·2021-07-05
    Good
    Reply
    Report
  • cgoh
    ·2021-07-04
    Commenting 
    Reply
    Report
  • cjw098
    ·2021-07-03
    Awesome!
    Reply
    Report
  • JeebeeTan
    ·2021-07-03
    ...
    Reply
    Report
  • sylarspock
    ·2021-07-03
    Apple has everybody’s interests in heart. 
    Reply
    Report
    Fold Replies
    • dho
      Good
      2021-07-03
      Reply
      Report
  • Cd989
    ·2021-07-03
    Hmm
    Reply
    Report
  • Bossiwei
    ·2021-07-03
    Ok
    Reply
    Report
  • Darylzhuo
    ·2021-07-03
    Please like and comment. Thank you 
    Reply
    Report
  • fluttershy
    ·2021-07-03
    Like pls
    Reply
    Report
  • 1Man2Stonks
    ·2021-07-03
    Apple to the noon
    Reply
    Report
    Fold Replies
  • AKKok
    ·2021-07-03
    Agreed. Privacy & security are utmost important but pls don't turn them into excuses for monopoly. 
    Reply
    Report
  • HH浩
    ·2021-07-03
    Agree. 
    Reply
    Report
    Fold Replies
  • EHG
    ·2021-07-03
    Good 
    Reply
    Report
    Fold Replies
  • YengLeng
    ·2021-07-03
    Reply
    Report
    Fold Replies
    • YengLeng
      Ok
      2021-07-03
      Reply
      Report
  • Deborahp
    ·2021-07-03
    Oh no
    Reply
    Report
    Fold Replies
    • Angsana
      nice
      2021-07-11
      Reply
      Report
  • gneh
    ·2021-07-03
    ...
    Reply
    Report
  • Kevin92
    ·2021-07-03
    Like and comment
    Reply
    Report
    Fold Replies
    • Yjy
      ok
      2021-07-03
      Reply
      Report
    • HH浩
      Reciprocate
      2021-07-03
      Reply
      Report
  • yS
    ·2021-07-03
    That’s one reason why I buy Apple phone .. security ?
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial