European lawmakers want Amazon, Apple, Facebook, Google CEOs at the February 1 hearing

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In this news, we discuss the European lawmakers want Amazon, Apple, Facebook, Google CEOs at the February 1 hearing

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BRUSSELS (Reuters) – EU lawmakers invited the CEOs of Amazon, Apple, Facebook and Alphabet at a hearing on February 1 in Brussels as they try to crack down on the powers of America’s tech giants.

In the coming months, the European Parliament will provide input to the European Commission’s proposals to force companies to play fair with their rivals and do more to tackle fake online. news and harmful content or face heavy fines.

“The purpose of the planned audience is to have an exchange with the CEOs of the four major global platform companies to learn more about their current business models and future concepts in the face of the challenges of changing market conditions,” said said an invitation sent to the companies seen by Reuters.

“This event will help prepare Members of the European Parliament for the upcoming discussions on potential new regulation for the digital sector. For all these reasons, we would like to clarify that this invitation is reserved for CEOs.

The invitation indicated that lawmakers were willing to change the date to another day in February or March, but people familiar with the businesses doubted they would accept the invitation.

Earlier on Friday, it emerged that Alphabet chief executive Sundar Pichai would set up a video conference with EU antitrust chief Margrethe Vestager on January 25, according to a European Commission schedule.

Vestager, who is pushing for tough new rules, will discuss digital and competition issues with Pichai, a Commission spokesperson said.

Reporting by Foo Yun Chee; Edited by Elaine Hardcastle

Original © Thomson Reuters

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