EU lawmakers mull changes that could bring European companies under EU tech rules

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STRASBOURG : European Union lawmakers may lower a threshold that determines which companies will be subject to new tech rules, a top EU lawmaker said on Wednesday.The proposal could mean some European companies, such as Booking.com, might join the list that the rules will apply to, which is expected to in

STRASBOURG : European Union lawmakers may lower a threshold that determines which companies will be subject to new tech rules, a top EU lawmaker said on Wednesday.

Andreas Schwab, who is steering the DMA through the European Parliament and had proposed a higher market value of 100 billion euros, said EU lawmakers were looking at changing the threshold to a lower figure. He said the new figure was based on the methodology used by the European Commission in calculating its proposed threshold.

 

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