EU could punish digital giants for breach of rules

by Foo Yun Chee

BRUSSELS (Reuters) – Digital giants will face fines of up to 10% of their turnover for violating European rules designed to prevent platforms from abusing their dominant position, a said Monday a source familiar with the matter.

The rules, which will be presented on Tuesday by the European Commissioner for the Internal Market, Thierry Breton, and the Vice-President of the European Commission in charge of competition, Margrethe Vestager, should first affect, Apple, Facebook and Google, the subsidiary of Alphabet.

Known as the Digital Markets Act, these will establish prohibitions and obligations for digital giants in order to ensure a level playing field for both their rivals and their customers. users.

This text could in particular require large technology companies to share certain types of data with their competitors and regulators, but also prohibit them from promoting their own services.

Thierry Breton has already indicated that the tech giants could be ordered to change their practices or even be forced to separate from activities in Europe in the event of repeated violations of these rules.

The companies affected by the new regulations should be determined by their number of users as well as their presence in at least two industries and revenues, other sources added.

The draft regulation, which will have to be submitted for approval by EU member states and the European Parliament, can still be amended before being presented on Tuesday.

Bloomberg was the first to report a fine of around 10% for infractions.

(French version Charles Regnier)

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