Google and Amazon could face increased scrutiny starting Wednesday, when the European Commission outlines its strategy to make European companies more competitive online, and to simplify online shopping and movie streaming across borders.
On Wednesday, the European Commission will propose rules for the technology industry with implications for everyone from room-sharing website Airbnb to e-commerce and companies like Google and Amazon.com.
In particular, the EU’s executive arm will examine whether extra regulation is needed to curb web companies’ market power, according to a draft of the proposal obtained by Bloomberg.
Full content: Bloomberg
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