EU unfair practices digital rules put spotlight on Google, Amazon, Facebook

STRASBOURG - Google and Amazon will have to tell companies how they rank products on their platforms while Facebook and other tech firms will have to be more transparent about their terms and conditions under new EU rules approved on Wednesday.

The platform-to-business law, proposed by the European Commission in April last year, is the latest move by Europe to rein in online giants and ensure they treat smaller rivals and users fairly. The new rules, which will cover 7,000 online companies, target e-commerce market places, app stores, social media and price comparison tools.

“As the first-ever regulation in the world that addresses the challenges of business relations within the online platform economy, it is an important milestone of the Digital Single Market and lays the ground for future developments,” Andrus Ansip, the Commission’s digital chief, said.

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EU isn't quite as Fascist as America... Yet.

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