Mon, 28 Nov 2022 Today's Paper

Tougher new rules for tech giants, more power to enforcers: EU’s Vestager

30 October 2020 09:50 am - 0     - {{hitsCtrl.values.hits}}

A A A

BRUSSELS (REUTERS) - Tech giants will have to do more to weed out illegal and harmful content while online gatekeepers will be bound by a list of dos and don’ts under new rules aimed at reining in their power, Europe’s antitrust chief said yesterday.

Margrethe Vestager


European Competition Commissioner Margrethe Vestager also proposed new powers for enforcers to tackle market failures in digital markets and to stop new ones from emerging.


Under the proposed Digital Services Act, online platforms will have to check sellers’ identities before they can use their services in a move aimed at countering illegal and dangerous content.


The tech companies will have to produce reports on their actions and inform users who pays for the advertisements that they see and why they have been targeted by certain adverts, Vestager said.


The second set of rules called the Digital Markets Act is targeted at online gatekeepers.


“That proposal will have two pillars,” Vestager told a European Policy Center event.


“The first of those pillars will be a clear list of dos and don’ts for big digital gatekeepers, based on our experience with the sorts of behaviour that can stop markets working well.”

Practices not allowed include pushing one’s own services, known as unfair self-preferencing, making it difficult for users to switch platforms or to use more than one service.


Vestager said the second pillar of the Digital Markets Act was to set up a harmonised market investigation framework across the 


27-country bloc. “That would give us a harmonised set of rules that would allow us to investigate certain structural problems in digital markets and, if necessary, we could take action to make these markets contestable and competitive,” she said.


Vestager will announce the new draft rules on Dec. 2. She will need to reconcile her proposal with those from EU countries and the European Parliament before it can become legislation.

 


Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

  Comments - 0

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

Downfall and death of LTTE’s Mahathaya

The Liberation Tigers of Tamil Eelam (LTTE) ceased to exist as a functioning

Rishi Sunak; why SL did not have a Tamil or Muslim as President?

Britain now has a British Asian, Hindu Prime Minister, though Rishi Sunak is

How and why MGR launched ADMK 50 years ago

17 October 1972 was a Tuesday. Fifty years ago on that auspicious day, a new

Amitabh Bachchan: Evergreen Emperor of Hindi cinema turns 80

Well-known Hindi film actor Amitabh Bachchan celebrated his eightieth birthda