Top EU Antitrust Investigator Warns Against Break Up of Big Tech Companies
As the European Union increasingly targets big tech companies, top antitrust enforcer Margrethe Vestager has warned against the structural break up of big tech companies (via The Information).
The comments were somewhat surprising, as Vestager has aggressively pursued antitrust investigations against the likes of Apple, Google, and Amazon in recent years. For example, it was Vestager who led the EU's appeal against a court ruling that overturned its demand that Apple pay 13 billion euros ($14.5 billion) in tax to the Irish government.
During a debate on the future of internet regulation within the EU, she cautioned that although it would be "doable" to force a breakup of big tech companies under current EU law, it could lead to a range of unintended consequences. Foremost among these, she said, are potentially lengthy court battles between European regulators and the tech companies themselves.
"I don't think it is something that should be introduced in this legislation and I think one should be very careful with that type of remedy because one should be very sure how it would actually work," Vestager said. "It would tie you up in court for a very very long time. I think it's important we try these routes first with the platforms."
Vestager is among the top European bureaucrats currently drafting the wide-reaching Digital Services Act. The legislation is set to bring a range of aggressive regulations on big tech companies, such as obligations to share data with competitors and give no preference to a company's own apps and services.
The comments have put Vestager at odds with many other senior European officials, including EU Internal Market Commissioner Thierry Breton, who have strongly hinted at their desire to force a break up of big tech companies under certain circumstances.
Note: Due to the political or social nature of the discussion regarding this topic, the discussion thread is located in our Political News forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.
Popular Stories
Apple released iOS 18.2 in the second week of December, bringing the second round of Apple Intelligence features to iPhone 15 Pro and iPhone 16 models. This update brings several major advancements to Apple's AI integration, including completely new image generation tools and a range of Visual Intelligence-based enhancements. Apple has added a handful of new non-AI related feature controls as...
Wednesday December 18, 2024 11:39 am PST by
Juli CloverApple is no longer planning to launch a hardware subscription service that would let customers "subscribe" to get a new iPhone each year, reports Bloomberg's Mark Gurman.
Gurman first shared rumors about Apple's work on a hardware subscription service back in 2022, and at the time, he said that Apple wanted to develop a simple system that would allow customers to pay a monthly fee to gain...
Contrary to recent reports, the iPhone 17 Pro will not feature a horizontal camera layout, according to the leaker known as "Instant Digital."
In a new post on Weibo, the leaker said that a source has confirmed that while the appearance of the back of the iPhone 17 Pro has indeed changed, the layout of the three cameras is "still triangular," rather than the "horizontal bar spread on the...
Wednesday December 18, 2024 10:05 am PST by
Juli CloverElevation Lab today announced the launch of TimeCapsule, an innovative and simple solution for increasing the battery life of Apple's AirTag.
Priced at $20, TimeCapsule is an AirTag enclosure that houses two AA batteries that offer 14x more battery capacity than the CR2032 battery that the AirTag runs on. It works by attaching the AirTag's upper housing to the built-in custom contact in the...
The current Apple TV 4K was released more than two years ago, so the streaming device is becoming due for a hardware upgrade soon. Fortunately, it was recently rumored that a new Apple TV will launch at some point next year.
Below, we recap rumors about the next-generation Apple TV.
Bloomberg's Mark Gurman last week reported that Apple has been working on its own combined Wi-Fi and...
Blackmagic today announced that its URSA Cine Immersive camera is now available for pre-order, with deliveries set to start late in the first quarter of 2025. Blackmagic says that this is the world's first commercial camera system designed to capture 3D content for the Vision Pro.
The URSA Cine Immersive camera was first introduced in June, but it has not been available for purchase until...
Apple launched the controversial "trashcan" Mac Pro eleven years ago today, introducing one of its most criticized designs that persisted through a period of widespread discontentment with the Mac lineup.
The redesign took the Mac Pro in an entirely new direction, spearheaded by a polished aluminum cylindrical design that became unofficially dubbed the "trashcan" in the Mac community. All of ...
Apple is planning a series of "major design" and "format changes" for iPhones over the next few years, according to The Wall Street Journal's Aaron Tilley and Yang Jie.
The paywalled report published today corroborated the widely-rumored "iPhone 17 Air" with an "ultrathin" design that is thinner than current iPhone models. The report did not mention a specific measurement, but previous...
