European Union Rules: Facebook Hopes Limits on Apple, Too

Apple’s New Privacy Feature Could Drastically Impact Facebook Revenue

European Union Brexit
Brexit

Facebook to Take Its UK Users Out of the Reach of European Union Privacy Laws

Tech Giants Could See Big Fines for Violations of European Union Antitrust Rules

  • Companies with over 45 million European Union users will be deemed to be digital “gatekeepers.” Stricter regulations will apply to them.
  • The European Union could fine tech companies up to 10% of their annual turnover for violating competition rules.
  • Companies could also be required to sell one of their businesses or parts of it, including rights or brands.
  • Platforms that refuse to comply and “endanger people’s life and safety” could have their service temporarily suspended “as a last resort.”
  • Companies would need to make the European Union aware prior to any planned mergers or acquisitions.
  • Certain kinds of data must be shared with regulators and rivals.
  • Companies favoring their own services could be banned.
  • Platforms would be more responsible for illegal, disturbing, or misleading content.

Europe Defends Digital Service Act & Digital Markets Act

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Ryan Carpenter serves as Attorney and Managing Director of Carpenter Wellington. Ryan advises clients across a broad set of corporate and commercial matters.

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Carpenter Wellington PLLC

Carpenter Wellington PLLC

Ryan Carpenter serves as Attorney and Managing Director of Carpenter Wellington. Ryan advises clients across a broad set of corporate and commercial matters.

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