EU lawmakers have invited the chief executives of Amazon, Apple, Fb and Alphabet to a February 1 listening to in Brussels as they attempt to crack down on the powers of US tech giants.
The European Parliament will within the coming months present enter into proposals by the European Commission to power the businesses to play pretty with rivals and to do extra to deal with on-line pretend information and dangerous content material or face hefty fines.
“The aim of the deliberate listening to is to have an trade with the chief government officers of the 4 globally main platform corporations to study their present enterprise fashions and future ideas as they face the challenges of altering market circumstances,” mentioned an invite despatched to the businesses seen by Reuters.
“The occasion will contribute to getting ready the members of the European Parliament for the upcoming discussions on potential new regulation for the digital sector. For all these causes, we want to make clear that this invitation is for the CEOs solely.”
The invitation mentioned lawmakers have been prepared to alter the date to a different day in February or March, nevertheless, individuals acquainted with the businesses doubted they might take up the invitation.
Earlier on Friday it emerged that Alphabet Chief Government Sundar Pichai will maintain a video-conference name with EU antitrust chief Margrethe Vestager on January 25, in accordance with a European Fee schedule.
Vestager, who’s pushing for robust new guidelines, will talk about digital and competitors points with Pichai, a Fee spokeswoman mentioned.
© Thomson Reuters 2021
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