May 17, 2022

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EU Parliament agrees on proposal to take on US tech giants – Software

The European Parliament on Thursday signed off on a proposal for new principles aimed at US tech giants, paving the way for talks on the approach with member nations around the world and the European Commission.

The Digital Providers Act, a proposal from EU antitrust main Margrethe Vestager, would force Amazon, Apple, Alphabet device Google and Facebook operator Meta to do extra to deal with illegal written content on their platforms or possibility fines up to 6 % of world-wide turnover.

Vestager’s proposal nonetheless demands to be ironed out with EU international locations and lawmakers right before it can develop into legislation, the 1st of its form in the entire world.

The European Parliament adopted the proposal with 530 votes in favour, 78 in opposition to and 80 abstentions.

“With a big vast majority, the European Parliament adopted the Electronic Products and services Act. A huge gain, with support from left to proper,” Dutch lawmaker Paul Tang stated on Twitter.

Christel Schaldemose, a Danish lawmaker, who is major the Parliament’s negotiating staff, mentioned: “On the web platforms have turn into increasingly crucial in our every day existence, bringing new possibilities, but also new risks. It is our duty to make positive that what is unlawful offline is illegal on the internet.”

France, which holds the rotating EU presidency, aims for an arrangement in the initially 50 % of 2022.