FRANKFURT (Reuters) – Technology companies’ services could be banned from the European market if they do not heed EU regulation, Europe’s industry chief Thierry Breton told German weekly Welt am Sonntag, as the European Commission finalises rules on internet companies.
Breton will announce new draft rules known as the Digital Services Act and the Digital Markets Act together with European Competition Commissioner Margrethe Vestager on Dec. 2.
The rules will set out a list of do’s and don’ts for gatekeepers – online companies with market power – forcing them to share data with rivals and regulators and not to promote their services and products unfairly.
The new draft rules come as critics of U.S. tech giants, which include companies and industry bodies, question the EU’s rulings against Alphabet <GOOGL.O> unit Google, saying they have not curbed its allegedly anti-competitive behaviour. Some want EU enforcers …
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