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Tech Giants Under Fire for Alleged EU Competition Rule Violations
technology-eu-regulation3.615 min read

Tech Giants Under Fire for Alleged EU Competition Rule Violations

2 years agoSource: CNBC
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Tech Giants Under Fire: Accused of Flouting EU Competition Rules
technology-eu-regulation
3.615 min2 years ago

Tech Giants Under Fire: Accused of Flouting EU Competition Rules

Several major technology and media companies, including Google, Amazon, Apple, Meta, Microsoft, and TikTok owner ByteDance, have been accused by rivals of not complying with the new European Union digital competition rules. These rules require "gatekeepers" to engage effectively with other businesses and consumers, make their messaging apps work with rivals, and avoid self-preferencing practices. A group of 24 companies, including Ecosia, Element, and ProtonVPN, have signed an open letter urging the gatekeepers to engage in a constructive dialogue and make swift progress on compliance solutions. The European Commission and Parliament, as well as the tech giants, have been called upon to ensure compliance with the Digital Markets Act by the March 7, 2024 deadline.

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