EU lawmakers agree on rules to target big tech- FT

EU lawmakers agree on rules to target big tech- FT

Information about EU lawmakers agree on rules to target big tech- FT

Kevin David Scam or Legit


(Reuters) – European Union lawmakers have reached a deal on how to target big tech companies, as part of a move to limit anti-competitive practices in the digital economy, the Financial Times reported on Wednesday.
The European Parliament’s main political parties agreed to a deal that would apply to companies with a market capitalisation of at least 80 billion euros ($91 billion) and offering at least one internet service, such as an online search, the FT said, citing people with direct knowledge of the discussions.
The rules would draw more companies than previously thought into the EU’s planned Digital Markets Act (DMA), the newspaper said, adding that the EU plans to implement the act next year.
The DMA, proposed by EU antitrust chief Margrethe Vestager last year, aims to curb the powers of big tech companies with a list of dos and …

Read More on Datafloq

Breaking Story – EU lawmakers agree on rules to target big tech- FT

The Latest News on EU lawmakers agree on rules to target big tech- FT

Source link
Category – Automation

Leave a Reply

Your email address will not be published. Required fields are marked *