EU mulls new unit with antitrust veterans to enforce tech rules

EU mulls new unit with antitrust veterans to enforce tech rules

The European Commission is considering creating a new directorate that may be headed by two top antitrust officials to enforce tough new rules aimed at reining in the powers of Big Tech, two people familiar with the matter said. Such a move could ease concerns that the EU competition watchdog may struggle to get technology giants such as Alphabet  unit Google, Amazon, Apple, Meta and Microsoft  to comply with the Digital Markets Act (DMA). The landmark rules, agreed in March, will go into force next year. They will bar the companies from setting their own products as preferences, forcing app…
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US to open antitrust review of big tech firms

US to open antitrust review of big tech firms

The United States Justice Department said on Tuesday that it was opening a large-scale antitrust investigation of big US tech firms. The probe will look into "whether and how market-leading online platforms have achieved market power and are engaging in practices that have reduced competition, stifled innovation, or otherwise harmed consumers," a Justice Department statement read. It did not refer to any specific companies, but the Justice Department said the review would consider concerns raised about "search, social media, and some retail services online" — an apparent reference to Google's parent company Alphabet, Amazon, Facebook and Apple. The action is the clearest…
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