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...
The EU plans to ease rules and hopefully fund advanced chip plants
The European Union may relax state-aid regulations to enable the funding of new chip plants to tackle shortages in the EU. The bloc’s competition chief said this on Thursday while contending with France for a no-holds-barred approach.
The bloc’s reliance on Asian chips has seen the EU hit by...
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...
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...
EU tech rules should also apply to cloud computing providers
Draft EU rules aiming to curb the power of big tech companies like Amazon, Alphabet, Apple, and Facebook should also be applied to cloud computing services providers. The assertion comes from a study whose report coincides with the concerns of some EU lawmakers who are reviewing the Digital Markets...
‘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...
EU lawmaker’s proposals for tougher tech laws in the bloc gets backing
A pivotal EU lawmaker in the European Parliament leading the debate on stricter rules aimed at tech giants (Facebook, Google, Amazon) and other similar platforms, now has the backing to tighten the bloc's citizens' fundamental rights in the draft rules.
The Digital Services Act, which was propos...
EU lawmaker says tech rules should only target US tech giants
The European Union should take a tougher stance when it comes to the Digital Markets Act. That is the view of a leading EU lawmaker involved in setting up these new rules. More specifically, the main focus of the new rules should only target monopolistic U.S. tech giants, like Apple, Alphabet, Amaz...
Netherlands, Germany and France want to regulate tech acquisitions
Draft rules intended to govern companies like Google, Facebook, Apple and Amazon should be tightened to allow regulators to vet acquisitions of start-ups, according to Germany, France, and the Netherlands.
The assertion was made in a joint statement by German Economy Minister Peter Altmaier and ...
EU wants to ally with the US on tech rules and climate change
Ursula von der Leyen, the European Union’s Chief Executive, said that Europe and the US should join forces in the fight against climate change and together, agree on and enforce a new framework for the digital market.
The aim is to limit the powers held by big tech companies.
The president ...
EU’s watchdog backs proposed DMA and DSA laws to curb big tech
On Wednesday, the European Union's watchdog, EDPS, supported the region's plan to curb the power held by US tech giants that include, Alphabet's Google, Facebook, Amazon, and Apple. The plan includes new tough rules and suggestions to include more safeguards to boost consumers' privacy rights.
T...
EU invites tech leaders to talk about legislation
European Union lawmakers have invited leaders of Amazon, Apple, Facebook and Alphabet to Brussels to discuss future legislation for major tech companies.
The aim of the meeting is to discuss how to tackle problems related to competition and fake news. The EU is working on several laws in this ar...