EU regulators are coming up with a ‘hit list’ that is made up of 10 of the largest internet companies, possibly Facebook, Apple, Amazon and Google, which will have to go through newer and stricter rules that focus on suppressing these tech companies’ market dominance.
These companies will be required to follow through with the new regulations rather than smaller companies that are competitors.
These new rules will make the larger companies share data with competitors and appear more open regadrding how they collect this information.
The framework of the list is based on market share as well as a number of users. It is still in talks about the exact number of companies and exact criteria for the list.