Market Regulation

Regional News • Europe • European Union
European Union drafts Digital Services Act to regulate large technology companies
European Union drafts Digital Services Act to regulate large technology companies
Credit: Corentin Béchade / Wikimedia Commons (Creative Commons Attribution ShareAlike 4.0)

The European Commission is working on a new legislative package in order to regulate major online platforms such as Facebook, Amazon, Google, Apple, Microsoft, and others. According to an internal paper, one of the goals is to prevent "unfair practices". One rule could specify that the platforms would "not be allowed to pre-install their own applications exclusively" such as installing mobile apps on smartphones and preventing users to uninstall them.

In addition, there could be new restrictions on the usage of data generated by their services for their own commercial activities. This kind of data could only be used if made "accessible to other commercial users".

Regional News • Americas • United States
US House Antitrust Subcommittee will question tech CEOs over dominance of online platform
Facebook CEO Mark Zuckerberg
Facebook CEO Mark Zuckerberg Credit: Anthony Quintano (Creative Commons Attribution 2.0)

The chief executives Jeff Bezos (Amazon), Mark Zuckerberg (Facebook), Tim Cook (Facebook) and Sundar Pichai (Google) will be questioned today by the United States House Antitrust Subcommittee that currently investigates the into market dominance of online platforms.

Rep. David Cicilline, chairman of the subcommittee has stated that "these platforms have been allowed to run wild and free from really any constraints" adding that the committee has to clarify "what the impacts are of the lack of competition in the digital marketplace".