{"id":267480,"date":"2021-07-05T11:36:00","date_gmt":"2021-07-05T11:36:00","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=322240"},"modified":"2021-07-05T11:36:00","modified_gmt":"2021-07-05T11:36:00","slug":"vestager-expands-eu-offensive-against-big-tech","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/07\/05\/vestager-expands-eu-offensive-against-big-tech\/","title":{"rendered":"Vestager expands EU offensive against big tech"},"content":{"rendered":"

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\tEuropean Commission competition chief Margrethe Vestager (pictured) reportedly outlined a proposal to broaden the scope of rules aimed at curbing the power of big technology companies, which could see more players facing tougher laws.<\/p>\n

The rules were drafted as part of the Digital Markets Act (DMA), a major European offensive aimed at delivering fair competition by ensuring technology companies do not abuse their power.<\/p>\n

It comes after a number of competition investigations [1] mainly targeting the tech world’s big five, Google, Amazon, Apple, Facebook and Microsoft.<\/p>\n

The companies are on the hook as part of a campaign by MEP Andreas Schwab targeting companies with more that \u20ac10 billion in European revenue in the last three years, or market value amounting to at least \u20ac100 billion.<\/p>\n

Vestager believes the threshold should be lower, with her proposals aimed at companies with revenue of more than \u20ac6.5 billion or \u20ac65 billion in market value, as well as providing a core platform in at least three European Union member states.<\/p>\n

She told Reuters the DMA was about companies \u201cwho have gatekeeping power\u201d and the responsibility which comes with it.<\/p>\n

Her proposal would impact around ten companies instead of just the big five, reported Reuters, but she added the plan wasn\u2019t about a list of companies, rather what would constitute market power.<\/p>\n

“It\u2019s about market presence and the power you get from that market presence.\u201d<\/p>\n

Vestager added she would be open to allowing national watchdogs to be given special powers to enforce laws under the DMA, following calls from French and German governments.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/ec-moves-on-apple-with-competition-probes<\/p>\n\n

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European Commission competition chief Margrethe Vestager (pictured) reportedly outlined a proposal to broaden the scope …<\/p>\n

The post Vestager expands EU offensive against big tech<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":247,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Vestager expands EU offensive against big tech - ITTeacherITFreelance.hk","description":"European Commission competition chief Margrethe Vestager (pictured) reportedly outlined a proposal to broaden the scope ... The post Vestager expands EU offensi"},"footnotes":""},"categories":[11,8],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/267480"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/247"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=267480"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/267480\/revisions"}],"predecessor-version":[{"id":267481,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/267480\/revisions\/267481"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=267480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=267480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=267480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}