EU countries agree on common stance on new rules for US tech giants

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BRUSSELS: EU countries on Thursday agreed a normalcy on new rules to curb the power of US tech giants and force them to do more to police their platforms for illegal content.

However, he will have to share the final details with EU lawmakers, who have proposed stricter rules and higher fines.

Frustrated by the slow pace of antitrust investigations, EU competition chief Margrethe Vestager has proposed two sets of rules known as the Digital Markets Act and the Digital Services Act, targeting Amazon, Apple, Alphabet unit Google and Facebook. .

The DMA has a list of do’s and don’ts for online gatekeepers – companies that control data and access to their platforms – reinforced by fines of up to 10% of global turnover.

The Digital Services Act (DSA) forces tech giants to do more to tackle illegal content on their platforms, with up to 6% of global businesses fined for non-compliance.

The general position adopted by EU countries follows the main points proposed by Vestager, with some changes, with the European Commission as the main enforcer of the new rules, an initial French proposal to give more power to the national watchdog. in spite of.

Negotiations are expected to begin next year, with the rules likely to be adopted in 2023.

“The proposed DMA reflects our desire and ambition to regulate big technology and is expected to set a trend around the world,” Slovenian Minister of Economic Development and Technology Zdravko Počivalšek said in a statement.

Changes agreed by EU countries include a new obligation on tech companies that increases the right of end users to unsubscribe from core platform services, shortens time limits and improves criteria for designating gatekeepers. does.

Luxembourg, where Amazon has its European headquarters, welcomed the agreement that names national watchdogs as key DSA enforcers for companies based in their countries.

“Luxembourg is pleased that the country in which the arbitrator is established, in general, remains responsible for the enforcement of the harmonized rules of the DSA, thanks in particular to the close cooperation with other Member States and the Commission – in addition Very big players when it comes to,” it said in a statement.

Disclaimer: This post has been self-published from the agency feed without modification and has not been reviewed by an editor

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