It is said that the EU's move is aimed at limiting the market influence of technology companies. Companies on the "blacklist" will be subject to stricter supervision, including sharing data with competitors and collecting information more openly and transparently.
EU regulators will draw up a "blacklist" based on a series of criteria, including the company's revenue market share and the number of users, which means that companies such as Facebook and Google may be included. The number of companies on the "blacklist" and the specific criteria are still under discussion, but this shows that the EU is seriously considering formulating rules. “The list will focus primarily on large U.S. tech companies whose platforms’ huge market power is detrimental to competition,” said a person familiar with the matter. The EU is also preparing a draft overhaul of its internet rules, the first such overhaul in 20 years. Proposals for a new Digital Services Act are expected in early December and would increase the responsibilities of platforms when it comes to policing illegal content or selling products online. |
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