EU lawmakers have invited the CEO’s of Amazon.com, Apple, Facebook and Alphabet into a 1st of February hearing in Brussels as they attempt to crack down on the forces of US tech giants.
The European Parliament will in the coming months offer input signals by the European Commission to force the companies to play rivals and to do more to tackle online fake news and dangerous content 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,” said an invitation sent to the companies observed by journalists at our partner news agency Reuters.
“For all these reasons, we wish to clarify that this invitation is for the CEO’s only.”
The invitation said lawmakers were willing to change the date to some other day in February or March, but people familiar with the companies doubted they’d assume the invitation.
Earlier on Friday it appeared that Alphabet CEO Sundar Pichai will hold a video-conference call with EU antitrust chief Margrethe Vestager on Jan. 25, according to a European Commission schedule.
Vestager, who’s pushing for tough new guidelines, will talk about digital and competition issues with Pichai, a Commission spokeswoman said.
The team at Platform Executive hope you have enjoyed this news article. Translation from English to other languages via Google Cloud Translation. Initial reporting via our official content partners at Thomson Reuters. Reporting by Foo Yun Chee. Editing by Elaine Hardcastle.
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