Force big tech firms to share data with rivals, academics advise
Bucharest — EU antitrust regulators should consider forcing large tech companies such as Google and Amazon to share their data with rivals rather than break them up, three academics enlisted by the European Commission say. The academics, who were appointed by European Competition commissioner Margrethe Vestager in 2018 to look at digital challenges, also called for speedier investigations to deal with the rapid changes in technology markets. The advice comes against the backdrop of growing unease worldwide about the power of Google, Facebook , Amazon and Apple to analyse and process data to expand their dominance. Breaking up large corporate has become a hot topic after US democratic presidential contender Elizabeth Warren raised the issue. “In the digital age, having the right data may be one of the keys to compete,” Vestager told a conference organised by the Romanian competition agency. The academics said that making it easier for companies to move data to competing platforms cou...
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