{"id":188042,"date":"2023-10-20T22:22:58","date_gmt":"2023-10-20T22:22:58","guid":{"rendered":"https:\/\/newsneednews.com\/?p=188042"},"modified":"2023-10-20T22:22:58","modified_gmt":"2023-10-20T22:22:58","slug":"britain-can-become-tech-hub-if-it-reins-in-giants-says-spotifys-boss","status":"publish","type":"post","link":"https:\/\/newsneednews.com\/world-news\/britain-can-become-tech-hub-if-it-reins-in-giants-says-spotifys-boss\/","title":{"rendered":"Britain can become tech hub if it reins in giants says Spotify&apos;s boss"},"content":{"rendered":"<h1>Britain can become a major tech hub&#8230; if it reins in giants, says Spotify&#8217;s boss<\/h1>\n<ul>\n<li><strong>Daniel Ek has praised the Digital Markets, Competition and Consumers Bill\u00a0<\/strong><\/li>\n<li><strong>Legislation seeks to create more competition by curbing powerful companies\u00a0\u00a0<\/strong><\/li>\n<\/ul>\n<p>Britain can become a world-leading technology hub if it passes a law limiting the power of internet giants, the founder of Spotify says.<\/p>\n<p>Daniel Ek, the Swedish founder of the music streaming service, writes in the Mail in praise of the Digital Markets, Competition and Consumers Bill.<\/p>\n<p>The legislation, which is passing through Parliament, seeks to generate more competition in online tech by curbing the power of companies such as Apple and Google.<\/p>\n<p>Mr Ek, who founded Spotify in 2006, said it will &#8216;redefine how businesses can compete, grow and thrive on the internet \u2013 cementing the UK as a hub for innovation and an incubator for technology firms&#8217;.<\/p>\n<p>The billionaire, 40, added: &#8216;The Bill ensures that companies like Apple will have to compete fairly for consumers&#8217; business.&#8217; He said the problem is that these firms built and still control the operating systems within which other competitors sell their products.<\/p>\n<p>Apple&#8217;s iOS operating system and its App Store are particularly dominant on mobile phones \u2013 &#8216;the main way most people access the internet&#8217;. He added: &#8216;While Apple has long been unwilling to share any detailed breakdown of its App Store profits, all indications point to the fact that it has generated at least $100billion thanks to the high 30 per cent tax it imposes on innovators here in the UK and around the world.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/10\/20\/22\/76821251-0-image-a-105_1697836914767.jpg\" height=\"423\" width=\"634\"><\/p>\n<p>Daniel Ek, the Swedish founder of the music streaming service, writes in the Mail in praise of the Digital Markets, Competition and Consumers Bill<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/10\/20\/22\/76821257-0-image-a-106_1697836918128.jpg\" height=\"423\" width=\"634\"><\/p>\n<p>Mr Ek, who founded Spotify in 2006, said it will &#8216;redefine how businesses can compete, grow and thrive on the internet \u2013 cementing the UK as a hub for innovation and an incubator for technology firms&#8217; (Stock Image)<\/p>\n<p>&#8216;How many more startups would have succeeded and grown into successful businesses if Apple wasn&#8217;t extracting this rent and reaping massive rewards at the expense of the broader tech economy?&#8217; Mr Ek added: &#8216;It makes me wonder whether launching a venture like Spotify would even be feasible today. My guess is no.&#8217;<\/p>\n<p>He urged MPs to hold firm and pass a &#8216;robust&#8217; version of the Bill, in the face of &#8216;intensive lobbying from Apple to either kill the bill or water it down, rendering it essentially ineffective&#8217;. The lobbying has targeted, among other measures, a proposed change to the process for appealing against decisions taken by the new &#8216;Digital Markets Unit&#8217; (DMU) \u2013 the watchdog that would have the power to fine the tech giants.<\/p>\n<p>Big tech firms want to change the appeals system for the DMU&#8217;s decisions from a quick judicial review process to a full &#8216;merits-based appeal&#8217;, which smaller companies fear would bog down the DMU in lengthy and expensive court battles.<\/p>\n<p>News publishers and consumer rights groups are among those resisting such a watering down of the legislation.<\/p>\n<p>Mr Ek said: &#8216;It&#8217;s crucial the Government passes a strong Bill, giving consumers greater choice and control over their digital lives &#8230; If you are expecting these big tech companies to step up and simply do the right thing, that&#8217;s not going to happen.&#8217;<\/p>\n<p>Source: <a href=\"https:\/\/www.dailymail.co.uk\/news\/article-12655419\/Britain-major-tech-hub-giants-Spotifys-daniel-ek-apple.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Britain can become a major tech hub&#8230; if it reins in giants, says Spotify&#8217;s boss Daniel Ek has praised the<\/p>\n","protected":false},"author":2,"featured_media":188041,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Britain can become tech hub if it reins in giants says Spotify&amp;apos;s boss - News Need News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newsneednews.com\/world-news\/britain-can-become-tech-hub-if-it-reins-in-giants-says-spotifys-boss\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Britain can become tech hub if it reins in giants says Spotify&amp;apos;s boss - News Need News\" \/>\n<meta property=\"og:description\" content=\"Britain can become a major tech hub&#8230; if it reins in giants, says Spotify&#8217;s boss Daniel Ek has praised the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newsneednews.com\/world-news\/britain-can-become-tech-hub-if-it-reins-in-giants-says-spotifys-boss\/\" \/>\n<meta property=\"og:site_name\" content=\"News Need News\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-20T22:22:58+00:00\" \/>\n<meta name=\"author\" content=\"Jason\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/newsneednews.com\/wp-content\/uploads\/2023\/10\/Britain-can-become-tech-hub-if-it-reins-in-giants-says-Spotifys-boss.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jason\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/newsneednews.com\/world-news\/britain-can-become-tech-hub-if-it-reins-in-giants-says-spotifys-boss\/\",\"url\":\"https:\/\/newsneednews.com\/world-news\/britain-can-become-tech-hub-if-it-reins-in-giants-says-spotifys-boss\/\",\"name\":\"Britain can become tech hub if it reins in giants says Spotify&apos;s boss - News Need News\",\"isPartOf\":{\"@id\":\"https:\/\/newsneednews.com\/#website\"},\"datePublished\":\"2023-10-20T22:22:58+00:00\",\"dateModified\":\"2023-10-20T22:22:58+00:00\",\"author\":{\"@id\":\"https:\/\/newsneednews.com\/#\/schema\/person\/74db1979fe71b5ea01513ec1ce5bc609\"},\"breadcrumb\":{\"@id\":\"https:\/\/newsneednews.com\/world-news\/britain-can-become-tech-hub-if-it-reins-in-giants-says-spotifys-boss\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/newsneednews.com\/world-news\/britain-can-become-tech-hub-if-it-reins-in-giants-says-spotifys-boss\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/newsneednews.com\/world-news\/britain-can-become-tech-hub-if-it-reins-in-giants-says-spotifys-boss\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/newsneednews.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"World News\",\"item\":\"https:\/\/newsneednews.com\/category\/world-news\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Britain can become tech hub if it reins in giants says Spotify&apos;s boss\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/newsneednews.com\/#website\",\"url\":\"https:\/\/newsneednews.com\/\",\"name\":\"News Need News\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/newsneednews.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/newsneednews.com\/#\/schema\/person\/74db1979fe71b5ea01513ec1ce5bc609\",\"name\":\"Jason\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/newsneednews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d4e61f3f3828292a4daf0b7f321ab5a8?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d4e61f3f3828292a4daf0b7f321ab5a8?s=96&d=mm&r=g\",\"caption\":\"Jason\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Britain can become tech hub if it reins in giants says Spotify&apos;s boss - News Need News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/newsneednews.com\/world-news\/britain-can-become-tech-hub-if-it-reins-in-giants-says-spotifys-boss\/","og_locale":"en_US","og_type":"article","og_title":"Britain can become tech hub if it reins in giants says Spotify&apos;s boss - News Need News","og_description":"Britain can become a major tech hub&#8230; if it reins in giants, says Spotify&#8217;s boss Daniel Ek has praised the","og_url":"https:\/\/newsneednews.com\/world-news\/britain-can-become-tech-hub-if-it-reins-in-giants-says-spotifys-boss\/","og_site_name":"News Need News","article_published_time":"2023-10-20T22:22:58+00:00","author":"Jason","twitter_card":"summary_large_image","twitter_image":"https:\/\/newsneednews.com\/wp-content\/uploads\/2023\/10\/Britain-can-become-tech-hub-if-it-reins-in-giants-says-Spotifys-boss.jpg","twitter_misc":{"Written by":"Jason","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/newsneednews.com\/world-news\/britain-can-become-tech-hub-if-it-reins-in-giants-says-spotifys-boss\/","url":"https:\/\/newsneednews.com\/world-news\/britain-can-become-tech-hub-if-it-reins-in-giants-says-spotifys-boss\/","name":"Britain can become tech hub if it reins in giants says Spotify&apos;s boss - News Need News","isPartOf":{"@id":"https:\/\/newsneednews.com\/#website"},"datePublished":"2023-10-20T22:22:58+00:00","dateModified":"2023-10-20T22:22:58+00:00","author":{"@id":"https:\/\/newsneednews.com\/#\/schema\/person\/74db1979fe71b5ea01513ec1ce5bc609"},"breadcrumb":{"@id":"https:\/\/newsneednews.com\/world-news\/britain-can-become-tech-hub-if-it-reins-in-giants-says-spotifys-boss\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/newsneednews.com\/world-news\/britain-can-become-tech-hub-if-it-reins-in-giants-says-spotifys-boss\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/newsneednews.com\/world-news\/britain-can-become-tech-hub-if-it-reins-in-giants-says-spotifys-boss\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/newsneednews.com\/"},{"@type":"ListItem","position":2,"name":"World News","item":"https:\/\/newsneednews.com\/category\/world-news\/"},{"@type":"ListItem","position":3,"name":"Britain can become tech hub if it reins in giants says Spotify&apos;s boss"}]},{"@type":"WebSite","@id":"https:\/\/newsneednews.com\/#website","url":"https:\/\/newsneednews.com\/","name":"News Need News","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/newsneednews.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/newsneednews.com\/#\/schema\/person\/74db1979fe71b5ea01513ec1ce5bc609","name":"Jason","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/newsneednews.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d4e61f3f3828292a4daf0b7f321ab5a8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d4e61f3f3828292a4daf0b7f321ab5a8?s=96&d=mm&r=g","caption":"Jason"}}]}},"_links":{"self":[{"href":"https:\/\/newsneednews.com\/wp-json\/wp\/v2\/posts\/188042"}],"collection":[{"href":"https:\/\/newsneednews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsneednews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsneednews.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/newsneednews.com\/wp-json\/wp\/v2\/comments?post=188042"}],"version-history":[{"count":0,"href":"https:\/\/newsneednews.com\/wp-json\/wp\/v2\/posts\/188042\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsneednews.com\/wp-json\/wp\/v2\/media\/188041"}],"wp:attachment":[{"href":"https:\/\/newsneednews.com\/wp-json\/wp\/v2\/media?parent=188042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsneednews.com\/wp-json\/wp\/v2\/categories?post=188042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsneednews.com\/wp-json\/wp\/v2\/tags?post=188042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}