IT giants form coalition to build open digital space in EU
Major Tech Companies Launch Coalition for Open Digital Ecosystems
In a move that could have a significant impact on the digital industry in Europe, key players including Google, Meta, and Qualcomm have joined forces to create the Coalition for Open Digital Ecosystems (CODE), according to a report by Reuters.
The primary goal of this initiative is to promote the development of open digital ecosystems that will drive growth and innovation across the European continent. This coalition aims to work closely with academia, policy makers, and companies to achieve its objectives, with a particular focus on the application of the Digital Markets Act. This legislation mandates that tech giants ensure the compatibility of their services with third-party solutions and allow business users to conduct commerce across different platforms.
The formation of CODE signifies a landmark collaboration among tech giants and is expected to have a far-reaching impact on the future of the EU’s digital industry. The coalition also includes other well-known brands such as Honor, Lenovo, Lynx, Motorola, Nothing, Opera, and Wire.
This collaboration is seen as a promising step towards fostering innovation and competition in the digital industry, ultimately benefiting consumers and businesses alike.
Photo: gazeta.ru