Exclusive-New EU rules to define gatekeepers by users, areas of business - sources

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Exclusive-New EU rules to define gatekeepers by users, areas of business - sources
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Tech companies with millions of European users or active in at least two sectors will be classified as online gatekeepers subject to tough new EU rules aimed at curbing their power, three people familiar with the matter said on Thursday.

The criteria defining online gatekeepers which control access to people, services and information are expected to hit Alphabet unit Google, Facebook, Apple and Amazon.

“It is going to be a fairly short list of gatekeepers,” one of the people said, adding that numerical criteria will be used. A company with activities in at least two areas, for example search or online advertising, will be also be considered as a gatekeeper.

 

thanks for this news

Flop EU can’t even create their own tech giant, so they retaliate against US firms. But I guess their dumb ass rules will harm EU darling Spotify, huh? “A company with activities in at least 2 areas (i.e. search or online advertising) will be considered as a gatekeeper.”

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