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Big Tech could face Euro ban
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Big Tech could face Euro ban
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17th November 2020, 06:18
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,738
 |  Big Tech could face Euro ban If they ignore EU regulations Technology companies’ services could be banned from the European market if they do not heed EU regulation. Europe’s industry chief Thierry Breton Welt am Sonntag said the European Commission was finalising rules on internet companies which were going to cause a few headaches for Big Tech. Breton will announce new draft rules known as the Digital Services Act and the Digital Markets Act together with European Competition Commissioner Margrethe Vestager on 2 December. The rules will set out a list of do’s and don’ts for gatekeepers - online companies with market power - forcing them to share data with rivals and regulators and not to promote their services and products unfairly. The new draft rules come as critics of US Big Tech which include companies and industry bodies, question the EU’s rulings against Google, saying they have not curbed its allegedly anti-competitive behaviour. Some want EU enforcers to go further than just ordering companies to stop such practices. The draft rules would allow the EU to ban companies or part of their services from the 27-country bloc as an extreme option. Until the draft rules are adopted, EU antitrust and digital regulators do not currently have the power to impose such bans. https://fudzilla.com/news/51887-big-...-face-euro-ban |
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