U.S. tech giants face curbs on data sharing, digital marketplaces, under draft EU rules

By Foo Yun Chee
BRUSSELS (Reuters) - Alphabet unit Google, Facebook, Amazon, Apple and other U.S. tech giants could be banned from favouring their services or forcing users to sign up to a bundle of services under draft EU rules aimed at reining in their power.
The draft rules, known as the Digital Services Act, aim to set the ground rules for data-sharing and how digital marketplaces operate. They are expected to come into force by the end of the year.
The European Commission is taking a tough line against U.S. tech giants, driven in part by antitrust cases resulting in decisions that subsequently failed to boost competition because of the lengthy process that typically takes several years.
The case has taken on urgency because of the dependence of thousands of EU companies on ...


Read More on Datafloq

Comments

Popular posts from this blog

Underwater Autonomous Vehicles Helping Navy Get More for the Money 

Canada regulator seeks information from public on Rogers-Shaw deal