EU calls for a 40-person antitrust team to enforce the DMA
An official announced that EU antitrust authorities are aiming to form a 40-person team and employ technology experts to limit big tech's dominance.
The Digital Markets Act (DMA) provides a set of do's and don'ts for Google, Meta, Amazon, Apple, Microsoft and other gatekeepers who control access... Read more
‘EU telcos set to win the fight of making big tech pay for network costs’
According to industry and regulatory insiders, European telecommunications providers are poised to win their decade-long battle to make big tech pay for network expenses due to receptive EU regulators and the EU's moves to rein in US tech giants.
A coalition of major European operators including... Read more
EU will consult on big tech contributions to telco networks in 2023
According to EU industry director Thierry Breton, the European Commission will start discussions on whether internet companies should shoulder part of the expenses of Europe's telecoms network early next year.
Europe's telecommunications providers have long advocated for financial contributions ... Read more
White House presents principles to reform big tech
The White House presented six principles for reforming big tech platforms, saying it was heartened by a bipartisan willingness in Congress to rein in US tech giants.
The six principles, dubbed 'Enhancing Competition and Tech Platform Accountability', were revealed on Thursday. The announcement f... Read more
EU wants big tech to address deepfakes or face consequences
According to an EU document obtained by Reuters, Google, Facebook, Twitter, and other tech giants will have to combat deepfakes and fake accounts or face heavy fines under a revised European Union code of practice.
As part of its war on false news, the European Commission will release a revised ... Read more
Report: EU should make big tech pay for telecoms expansion
According to a recent industry analysis, the EU should compel giant internet and video streaming corporations to pay at least a portion of the estimated €28 billion they have cost European telecommunications businesses due to their excessive usage of network infrastructure.
According to the re... Read more
The EU’s top court unblocks more GDPR litigation against big tech
A decision by the European Union's top court today is expected to unblock a slew of lawsuits filed by consumer advocacy groups seeking to enforce the bloc's General Data Protection Regulation (GDPR) guidelines against tech behemoths like Facebook and Twitter over issues such as whether they obtain ... Read more
Vestager aims to get tech rules deal by March
By the end of March, the European Commission hopes to agree with EU legislators and governments on new regulations to limit the powers of Alphabet's Google, Amazon, Apple, Facebook, and Microsoft, according to Europe's antitrust head.
Margrethe Vestager, who introduced the Digital Markets Act wi... Read more
Big tech companies added $2.5 trillion in value to 2021
Big Tech pushed US stocks to the third straight winning year in 2021. Giants like Amazon, Apple, Microsoft, and others, continue to experience demand, even as the economy slogs on to the third year of the COVID-19 pandemic.
The most notable names, Alphabet (Google’s parent company), Amazon, Mi... Read more
Germany’s antitrust chief wants to protect Bundeskartellamt from the DMA
Andreas Mundt, Germany's antitrust chief, is close to wrapping up the first of a new type of probe on big tech. However, impending rules enforced at the European Union level could threaten his pioneering work.
The year has seen competition authorities stirred up and seemingly determined to take ... Read more