Tech

Vestager from the EU is aiming for an agreement on technical rules in March

FILE PHOTO: European Commission Vice-President Margrethe Vestager holds a press conference in Brussels
FILE PHOTO: European Commission Vice-President Margrethe Vestager delivers a news conference in Brussels, Belgium, February 8, 2022. REUTERS/Yves Herman/

March 16, 2022

By Foo Yun Chee

BRUSSELS (Reuters) – The European Commission aims to reach an accelerated deal with EU lawmakers and countries by the end of March on new rules to limit the powers of Alphabet’s Google, Amazon, Apple, Facebook and Microsoft, Europe’s cartel chief said on Wednesday .

Margrethe Vestager, who more than a year ago proposed the Digital Markets Act with a list of dos and don’ts for US tech giants, said negotiations are progressing well.

“We are now aiming for a political agreement by the fourth trilogue by the end of March. If we can do that, it will be legislation almost in a flash,” she said at a hearing in the European Parliament.

Talks are scheduled to resume on March 24.

Issues that need clarification include the list of obligations for online gatekeepers – companies that control data and access to their platforms – and the level of revenue that determines which companies will be covered by the DMA, people said who are close to the matter.

Another question is whether the EU executive should be solely responsible for enforcing the proposed law at the expense of national regulators.

(Reporting by Foo Yun Chee; Editing by David Goodman)

https://www.oann.com/eus-vestager-aims-for-march-deal-on-tech-rules/?utm_source=rss&utm_medium=rss&utm_campaign=eus-vestager-aims-for-march-deal-on-tech-rules Vestager from the EU is aiming for an agreement on technical rules in March

Emma Bowman

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