The European Commission is planning to bar tech firms from favouring their own services in search rankings and exclusively pre-installing their apps on devices, according to an early draft of the landmark Digital Services Act. Platforms like Google and Facebook may also have to share user data they collect with smaller rivals. (Bloomberg)

Talking point: The act, due to be tabled in December, aims to address anti-competition concerns surrounding large internet platforms as well as place more responsibility on platforms themselves for third-party content posted to their sites. The forthcoming law follows heightened scrutiny of firms like Apple, Google, Facebook and Amazon over their dominance in the sectors they occupy. Last week, the U.S. Justice Department proposed amending Section 230 to narrow protections for internet companies and China is also planning to tighten its antitrust laws. If passed, the stricter laws could help reduce the number of antitrust lawsuits and investigations going forward by putting the onus on companies to check their dominance before encountering a legal challenge.