An article in the Financial Times (£) highlights how the digital world is splintering into three empires centred on the US, the EU and China, each with different regulatory philosophies regarding personal data. The article begins by summarising how disillusioned Twitter users searching for refuge are turning to Meta's new Threads app. Except in the EU, that is, where the app is currently unavailable due to concerns sharing data with Instagram could create a concentration of market power and breach the EU Digital Markets Act.
In exploring the three different regulatory approaches, the article concludes convergence towards the EU model should be a conscious, coordinated effort by market democracies rather than an inefficient mishmash drifting unevenly towards the Brussels approach.
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