THE HAGUE, Oct 15 — France and the Netherlands jointly urged EU regulators today to limit the power of Silicon Valley giants like Google and Facebook, and break them up if necessary. Firms such as these as well as Amazon and Apple have immense power over companies wishing to access consumers...
An illustration picture shows a Google logo with two one Euro coins, taken in Munich January 15, 2013. — Reuters pic
A recent example was Apple pulling the massively popular online shooter game Fortnite from its apps marketplace after its publisher Epic released an update that dodges sharing revenue with the iPhone maker, triggering a legal battle in the US. “The platform economy offers consumers great benefits and the opportunity for economic growth for entrepreneurs,” Keijzer added. “Their market positions become increasingly difficult to challenge and damage can be hard to reverse.”
France’s O said European Commission regulators should be able to take tailor-made approaches when looking at internet platforms in order to “break them open” if necessary to “ensure freedom of choice for consumers”.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ahead of summit, France tells Britain: We will defend our fishermenPARIS: France sent a message to Britain on Thursday that it will not sacrifice its fishermen in negotiations over a post-Brexit trade deal between Bri...
Read more »
Maguire off on bad night for England in Nations League, Mbappe gets France winner | Malay MailLONDON, Oct 15 — England’s prospects of returning to the finals of the Nations League suffered a big hit as Gareth Southgate’s side lost 1-0 at home to Denmark on Wednesday, while Kylian Mbappe gave World Cup holders France a 2-1 victory in Croatia and Portugal won without Cristiano Ronaldo....
Read more »
France puts 20 million people under curfew as Covid-19 surgesResidents of nine cities will not be allowed out from 9pm to 6am for at least four weeks. FMTNews
Read more »
Russia withdraws from MH17 talks with Netherlands and Australia | Malay MailMOSCOW, Oct 15 — Russia’s foreign ministry said today it was withdrawing from talks with the Netherlands and Australia over the downing of Malaysia Airlines Flight 17, accusing both countries of not wanting to establish what really happened. MH17 was flying from Amsterdam to Kuala Lumpur when...
Read more »