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EU tight on tech, Brussels wants to “break” the giants of the Web

FINES UP TO 10% OF REVENUES

Brussels returns to the charge of online platforms with a double legislative proposal against unfair competition and dissemination of online content. Repeat businesses will have to divest parts of the business

by Alb.Ma.

EU, Vestager: “the Commission will oppose Amazon for distorting the market”

Brussels returns to the charge of online platforms with a double legislative proposal against unfair competition and dissemination of online content. Repeat businesses will have to divest parts of the business

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The tech giants will have to comply with EU competition rules and the management of content disseminated online, under penalty of fines – respectively – up to 6% and al 10% of global revenues. For repeat offenders, the Commission threatens the obligation to split groups, “breaking up” the multinationals to avoid the abuse of dominant positions.

This is what emerges in view of the presentation of a package of two legislative measures (the Digital Market Act and the the Digital Service Act Dsa), signed by the vice president of the EU Commission, Margrethe Vestager, and by the EU Commissioner for the Internal Market, Thierry Breton. The texts try to modernize a regulatory framework that was stuck in 2000, the year of publication of one ecommerce directive widening overtaken by technological development. The proposals will have to go through their own approval process and there is no certain date for their entry into force.

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In the crosshairs there are giants like Alphabet, Amazon, Apple and Facebook, already targeted by billion-dollar penalties in the investigations undertaken by Vice President Vestager. “We need to organize our digital space for the next few decades,” Breton told the Politico portal. “Many large platforms seem to have become” too big to care (too big to care, ed) in the effects they have on citizens, businesses and even our societies and democracy. “

The new Brussels squeeze

The two measures aim to regulate the activities of the platforms gatekeeper, defined as the online platforms that have achieved “disproportionate” power on the digital market. The Digital Market Act seeks to combat practices that are harmful to EU competition, starting with the abuse of dominant position contested by the tech giants. The Digital Service Act attempts to “make digital platforms responsible” with respect to the contents conveyed, forcing them to a role of moderation and possible removal of inadequate content.

The executive provides, respectively, fines up to 10% of the global turnover for those who violate the competition rules established by the Digital Market Act e of 6% for online platforms that refuse to intervene on illegal content identified by the Digital Service act. The category of posts to be removed includes cases of copyright infringement, terrorist content, child pornography and the so-called hate speech, hate speech. The criterion for identifying platforms with an impact on EU citizenship, as emerges from a draft published on the Euractiv portal, should be that of a minimum pool of 45 million users: 10% of the EU population.

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