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Author Topic: EU to release hit list controls the monopoly power of internet giants  (Read 57 times)

marila

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The Financial Times suggested slotxo that EU regulators are going to create a "hit list", which is not a ranking of popular music or movies, but it is the top 20 Internet giants that will have to enter new regulations to regulate. Tighter market monopoly power And, of course, those lists will include major US tech companies like Facebook, Apple, Amazon and Google.




Big companies on the roster are subject to stricter regulations than smaller competitors. It will need to share information with competitors and more transparent methods of gathering information such as market share, revenue and user numbers.




However, the US already has a mechanism to determine the monopoly power of large companies. Hence, there is concern that it will look contrary to the investigation by the US House of Representatives.

The aim of this regulation is to provide access to fair competition. At this time there is no exact list and rules. Rather, it points to principles that increase the chances of competing. Being open to new innovations and expanding consumer choices
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