Top 10 IT Giants, Including Google and Meta, Form CODE Coalition in Europe

In response to the heightened regulation of information technology in the European Union, 10 key players in the digital industry, including Google, Meta, Qualcomm, and other prominent IT brands, have established the Coalition for Open Digital Ecosystems (CODE), as reported by Reuters. Additionally, companies such as Honor, Lenovo, Lynx, Motorola, Nothing, Opera, and Wire have joined the CODE coalition.

The primary goal of this initiative is to foster open digital ecosystems that will fuel growth and innovation across the European continent. CODE plans to closely collaborate with academic institutions, policymakers, and companies to achieve digital openness in the EU.

Special attention is given to the implementation of the Digital Markets Act (DMA) and the development of future EU regulatory frameworks in this sector. The DMA, in particular, mandates that technological giants allow third parties to interact with their services and enables IT giants to permit business users to promote their own offerings and enter contracts with clients beyond the platforms offered by major IT companies. European legislators believe that this will enhance market competition and serve as an effective antimonopoly lever.

Sten Larrok, the founder of Lynx, emphasized that openness is crucial for innovation and enhancing competitiveness in Europe. He stated, "Over the past few months, we have had numerous discussions about what is 'good' when it comes to digital ecosystems in Europe, fostering innovation and positively impacting competitiveness. We believe that openness is a decisive element."

Participants in the coalition assert that efforts to support openness and collaboration not only contribute to innovation but also have the potential to prevent the need for more stringent legislative regulations of digital markets in the future.

In other news, Google has introduced an interactive service called "Trend Time Capsule," allowing users to review the history of the most popular search trends over the last 25 years. The capsule includes the top five search queries in various categories from 1999 to 2023. Special algorithms have identified individuals and objects that had cultural impact each year. As part of the project, the company also presented a consolidated analysis of search queries, revealing what people have been searching for on the internet over the past 25 years.