Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex

News : Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

EU lawmakers want Amazon, Apple, Facebook, Google CEOs at Feb. 1 hearing

01/22/2021 | 11:47am EST
FILE PHOTO: The logos of Amazon, Apple, Facebook and Google

BRUSSELS (Reuters) - EU lawmakers have invited the chief executives of Amazon, Apple, Facebook and Alphabet to a Feb. 1 hearing in Brussels as they try to crack down on the powers of U.S. tech giants.

The European Parliament will in the coming months provide input into proposals by the European Commission to force the companies to play fairly with rivals and to do more to tackle online fake news and harmful 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 seen by Reuters.

"The event will contribute to preparing the members of the European Parliament for the upcoming discussions on potential new regulation for the digital sector. For all these reasons, we wish to clarify that this invitation is for the CEOs only."

The invitation said lawmakers were willing to change the date to another day in February or March, however, people familiar with the companies doubted they would take up the invitation.

Earlier on Friday it emerged that Alphabet Chief Executive 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 is pushing for tough new rules, will discuss digital and competition issues with Pichai, a Commission spokeswoman said.

(Reporting by Foo Yun Chee;Editing by Elaine Hardcastle)

By Foo Yun Chee


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
APPLE INC. 0.22% 121.26 Delayed Quote.-8.61%
FACEBOOK INC 1.15% 257.62 Delayed Quote.-5.69%
Latest news "Economy & Forex"
09:59aWORLD BANK : Papua New Guinea – Dealing with a Triple Crisis
PU
09:27aUK's Sunak says public finances won't be fixed overnight
RE
09:07aCHINA'S FACTORY ACTIVITY EXPANDS AT A SLOWER PACE IN FEBRUARY, MISSES EXPECTATIONS : official PMI
RE
09:06aCHINA'S FACTORY ACTIVITY EXPANDS AT A SLOWER PACE IN FEBRUARY, MISSES EXPECTATIONS : official PMI
RE
08:12aPCBS PALESTINIAN CENTRAL BUREAU OF STATISTICS : The Palestinian Producer Price Index, January, 01/2021
PU
07:15aGrowth in China's services sector slows in February -official PMI
RE
07:05aChina's factory activity expands at a slower pace in February -official PMI
RE
07:05aChina feb official composite pmi at 51.6
RE
07:05aChina feb official services pmi at 51.4 vs 52.8 in jan
RE
07:04aChina feb official manufacturing pmi at 50.6 (reuters poll 51.1, prev month 51.3)
RE
Latest news "Economy & Forex"