EU digital chief calls on tech giants to discuss rules to curb their powers

EU digital chief calls on tech giants to discuss rules to curb their powers

The European Union’s digital chief has invited companies such as Alphabet, Apple, Amazon and Facebook to video talks next week to discuss draft rules to curb his powers, an EU official said on Thursday.

Tech companies and online platforms have lobbied intensively to try to mitigate the proposed regulatory rules, which the Commissioner for the Internal Market Thierry Breton, responsible for digital regulation, will be formally presented with the Competition Commissioner Margrethe Vestager December 9.

Before that, the November 24 videoconference will discuss the proposed rules, which are known as the Digital Services Act (DSA) and the Digital Markets Act (DMA).

Some companies don’t believe the discussion will lead to changes at this late stage, said people close to the companies who requested anonymity.

The DSA will require tech companies to explain how their algorithms work and also open their ad files to regulators and researchers.

The DMA targets online gatekeepers with a list of dos and don’ts, such as sharing data with rivals and regulators, and dos-don’ts, such as not favoring their own services.

Breton has invited CEOs from some 20 companies, which also include Microsoft, Booking.com, Expedia, Trivago, Duck Duck win said a person familiar with the matter. It was unclear whether CEOs would participate or send senior executives.

Breton need comments EU countries and the European Parliament before a final draft can be adopted, a process that can take a year or more.

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