EU ‘hit list’ would reportedly impose tougher rules on big tech companies

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Apple, Amazon, Facebook and others could face strict new rules from European regulators, according to a new report.

European regulators are reportedly preparing a “hit list” of up to 20 big tech companies that would be subject to strict new rules.

European regulators are concerned that the biggest internet companies’ hold on market share is too great, stifling competition. The list will be heavily skewed toward U.S. companies, the FT reported, and regulators could reportedly force the breakup of some companies, in extreme circumstances.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines