Google Concerned About New European Digital Legislation
The American tech giant Google is “concerned” that the European Commission will hit “a handful of companies” with its new proposals on digital services and markets.
Facebook, on the other hand, reacts positively and hopes that Europe will take action against Apple.
“We are concerned that the proposals appear to target a handful of businesses specifically and make it more difficult to develop new products to support small businesses in Europe,” said Karan Bhatia, vice president for institutional relations at Google, in a release.
Executive Vice President Myron Brilliant of the US Chamber of Commerce also believes that the Commission wants to “almost exclusively” target US concerns.
“It seems that Europe wants to punish successful companies that have made major investments in Europe’s economic growth and recovery.”
According to a source close to the Commission, Google, Amazon, Facebook, Apple and Microsoft do indeed meet the criteria developed by the Commission to classify a digital player as “systemic” and impose new obligations.
Booking, Snapchat, the Chinese players Alibaba and Bytedance (TikTok) and the South Korean Samsung are also in the sights.