European Union will tighten control over digital giants

The European Commission intends to tighten control over large digital companies such as Google, Amazon, Facebook, and Apple. The Financial Times reports.

The information was shared by the European Commissioner for the Internal Market Thierry Breton in an interview with the newspaper.

We need better control over these platforms. European countries intend to secure themselves new powers that will allow them to resist the dominance of large companies in the market in the event of a threat to the interests of users or smaller competitors.

Thierry Breton, European Commissioner for the Internal Market
He noted that the EU countries will provide themselves with the authority to resist the dominance of large companies in the market if this threatens the interests of users or smaller competitors.

New control rules, he said, are now being developed. Once the proposals have been agreed, they will need to be approved by the European Parliament and the Council of Europe. According to the Belgian agency Belga, the rules will be submitted by the end of this year. These will include measures to combat disinformation and the protection of personal data.

Sanctions will be possible if large platforms force users to limit the use of their services. Platforms need to be more accountable, accountable and more transparent. The time has come to go beyond self-regulation measures, said the deputy chairman of the European Commission Vera Yurova.

Earlier, European authorities have been investigating a number of corporations. Some of them were fined.