Thread by @WolfieChristl

Ian Brown on how interoperability could tackle platform power and required safeguards.

Thanks for including my concerns! Done wrong, mandating interoperability can lead to yet other cesspools of data exploitation for the benefit of both small+large businesses rather than people.

https://twitter.com/1Br0wn/status/1471567037382201345

I'm much more sceptical about mandating interoperability (aka creating markets) as a fix for platform dominance in several areas. Where it makes sense, data protection law and 'consent' are too weak as safeguards. I think, hard limitations on freedom of contract are the only way.

While I support messenger interoperability, in the EU protected by rights charter article 7 (despite also not trivial), I'm much more sceptical about e.g. financial services.

I'm afraid open banking / PSD2 already led to something similar to 'FB apps for bank transaction data'.

I think the mortgage provider in this example should not be allowed to build consumer profiles based on bank transaction data at all, whether with or without consent, especially not when incentives are allowed.

Myriads of fintechs profiling consumers? Bad, and a slippery slope.