EU lawmakers have invited the chief executives of Amazon, Apple, Facebook and Alphabet to a February 1 listening to in Brussels as they fight to crack down on the powers of US tech giants.
The European Parliament will within the coming months present enter into proposals by the European Commission to drive the businesses to play pretty with rivals and to do extra to sort out on-line pretend information and dangerous content material or face hefty fines.
“The purpose of the planned hearing is to have an exchange with the chief executive officers of the four globally leading platform companies to learn about their current business models and future concepts as they face the challenges of altering market conditions,” mentioned an invite despatched to the businesses seen by Reuters.
“The event will contribute to preparing the members of the European Parliament for the upcoming discussions on potential new regulation for the digital sector. For all these reasons, we wish to clarify that this invitation is for the CEOs only.”
The invitation mentioned lawmakers had been prepared to change the date to one other day in February or March, nevertheless, individuals accustomed to the businesses doubted they’d take up the invitation.
Earlier on Friday it emerged that Alphabet Chief Executive Sundar Pichai will maintain a video-convention name with EU antitrust chief Margrethe Vestager on January 25, in accordance to a European Commission schedule.
Vestager, who’s pushing for robust new guidelines, will talk about digital and competitors points with Pichai, a Commission spokeswoman mentioned.
© Thomson Reuters 2021
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