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Transcripts for BBCNEWS The Media Show 20240604 00:35:00

we don t fault them at all. they re very good, they re great for innovation. the british regime was designed, if this bill was going to go through, to preserve the innovative benefits of these powerful companies, but also rein in some of the aspects where they re negative. and online safety is an issue. but you can t rein in these giants with an online safety bill unless you have the digital markets unit there to control their power. well, we re fortunate enough to have margotjames here, who s a former digital minister at the dcms. thank you, margot, for coming on the programme. iwonder, you know, how to check the power of the tech giants was something that preoccupied a lot of your time when you were a minister. what do you make of this? well, i m disappointed in it. i think the online harms bill serves a different purpose . to the digital, what would vel been the digital markets bill, which was more about the competitive antitrust situation. things like, for example, | if you look

Transcripts for BBCNEWS The Media Show 20240604 04:36:00

giants with an online safety bill unless you have the digital markets unit there to control their power. well, we re fortunate enough to have margotjames here, who s a former digital minister at the dcms. thank you, margot, for coming on the programme. iwonder, you know, how to check the power of the tech giants was something that preoccupied a lot of your time when you were a minister. what do you make of this? well, i m disappointed in it. i think the online harms bill serves a different purpose . to the digital, what would vel been the digital markets bill, which was more about. the competitive antitrust situation. things like, for example, | if you look at what the eu are doing, they re just . about to pass the digital markets act at european level, and that will do things - for consumers like improve competition in ways like i the apple payments monopoly. if you have apps, - if you make a payment, you have to use apple pay. the legislation at european level will mean that other. p

Transcripts for BBCNEWS The Media Show 20240604 16:36:00

if you look at what the eu are doing, they re just . about to pass the digital markets act at european level, and that will do things - for consumers like improve competition in ways like i the apple payments monopoly. if you have apps, - if you make a payment, you have to use apple pay. the legislation at european level will mean that other. payment providers will be allowed to participate - in that environment, - charges will come down. so, it s things like that. it s more the commercial side of the tech power. l it is why is, you know, almost all advertising now routed - through google and facebook. that s not fair competition. there s lots to do around that, which is not really where the l online harms bill is orienting. well, can you give us a sense, then, of why it might happen? do you know why the government might have changed its mind on a policy that, if they have

French co-ops represent 25% of global turnover of top 100 co-ops

Clare Government TD Says New Inflation Forecasts Are Stark

A Clare Government TD has described as “stark”, new figures which show that Ireland will witness inflation levels not seen since the early 80s. The ESRI has released it’s Quarterly Economic Survey which predicts that economic growth will fall and inflation could hit 8 an a half percent by the summer. The Economic and Social […]

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