Thursday, 15 October 2020

France and the Netherlands signal support for EU body to clip the wings of big tech

France and the Netherlands signal support for EU body to clip the wings of big techThe French and Dutch governments have signalled support for EU rules that can proactively intervene against so-called gatekeepers, aka "structuring platforms" or "large digital platforms with significant network effects acting as gatekeepers" -- or, more colloquially, 'big tech'. "Pre-emptive action should intervene prior to the stage where damage becomes irreversible," French digital minister, Cederic O, and Mona Keijzer, the secretary of state for economic affairs for the Netherlands, write in a joint position paper where they also argue that: "Intervention is justified when the asymmetric bargaining power of structuring platforms leads to negative consequences." The two ministers went further in accompanying remarks to the press, with the Financial Times reporting that their support for intervention against big tech's market muscle includes keeping the option of breaking up companies "on the table" -- although their stated preference is for rules that prevent such an "ultimate" step being necessary.




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