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
UK’s antitrust authority is struggling without Brussels
The UK's Competition and Markets Authority says a special tech regulator is needed.
According to a report in the Financial Times, Britain is in danger of becoming a 'rule taker' from Brussels. The warning came after the federal government decided to not give its competition regulator powers to ... Read more
China’s wounded economy prompts Beijing to ease up on big tech crackdown
China's assault on big tech wiped billions of dollars from the worth of some of the country's most well-known enterprises. Now, as the country's economy continues to deteriorate, officials indicate that they may relax their oversight of the sector.
According to the Wall Street Journal, Chinese r... 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
EU civil groups want to empower tech users to sue US tech giants in case of violations
Individuals should be able to sue US tech firms in court for breaking EU legislation aimed at limiting their influence, according to Privacy International, BEUC (the pan-European consumer group), and a range of academics.
The appeal comes as E.U. parliamentarians and E.U. governments work out th... 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
EU Internal Market and Consumer Protection Committee votes in favor of the Digital Markets Act
The Digital Markets Act was put to the vote by the Internal Market and Consumer Protection Committee. It was adopted, with 42 votes in favor, two against and one abstention. The rules dictate what companies defined as ‘gatekeepers’ can and can’t do in the EU.
Commenting on the outcome, rap... Read more
EU lawmakers agree on big tech rules
European Union lawmakers have reached a deal on how to tackle big tech companies. According to a report by the Financial Times, the move is meant to limit anti-competitive practices in the digital economy.
The European parliament’s main political parties agreed to a deal that would apply to co... Read more
EU countries hope to find common ground to limit powers of tech giants
EU countries project that they will agree on common negotiating positions on two sets of draft rules intended to curb the powers of US tech giants on November 25, according to people involved in the discussion. Squabbling among the EU lawmakers could delay the rules’ time to adoption.
The Digi... Read more
‘EU tech regulations unfairly target Silicon Valley’
The EU’s efforts to curb Silicon Valley using new competition rules are becoming an irritant in the transatlantic relationship. The sentiment follows the two sides' commitment to deepen tech and trade ties. Senior officials from Washington and Brussels gathered in Pittsburg last month.
The mee... Read more