Facebook CEO Mark Zuckerberg will meet with Europe’s digital and industry chiefs on February 17, officials said on Tuesday, February 11, days before the two Commissioners present proposals to rein in US tech giants and Chinese rivals, reported Reuters.
In addition to European Competition and Digital Commissioner Margrethe Vestager and Internal Market Commissioner Thierry Breton, Zuckerberg will also meet Justice Chief Vera Jourova, the officials said.
Vestager and Breton are set to announce proposals on February 19 to create a single European data market aimed at challenging the dominance of US tech giants such as Facebook, Google, and Amazon, according to a European Commission proposal seen by Reuters.
They will also propose rules to govern the use of artificial intelligence. The Commission is expected to seek feedback before finalizing the rules.
Facebook is already in Vestager’s crosshairs over its use of data collected by the company over the years from classified ads players and its right to use their data for any purpose including to launch competing products, according to a questionnaire seen by Reuters.
Full Content: Reuters
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
FTC to Approve Exxon’s $64 Billion Deal with Pioneer Resources, Excludes
May 1, 2024 by
CPI
UK Competition Watchdog Raises Alarm Over Nvidia’s ARM Takeover
May 1, 2024 by
CPI
Sen. Klobuchar Urges Regulators to Probe Collusion in Health Care Pricing
May 1, 2024 by
CPI
Multiple States Join Tennessee’s Antitrust Lawsuit Against NCAA Over NIL Rules
May 1, 2024 by
CPI
NY AG Joins Suit Challenging NCAA’s Restrictions on Student Athlete NIL Rights
May 1, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI