The new regulatory firepower Vestager’s seeking would allow officials to probe entire industries and ‘by imposing obligations that would protect competition that could involve duties to behave in a certain way to make data available to others’, and ‘could even mean breaking up companies to protect competition’ as a last resort, she said. — AP
US tech giants run the risk of being broken up if they don’t play fair, under tough new rules being weighed as a “last resort” by European Union antitrust chief Margrethe Vestager, a regular tormentor of Silicon Valley.
Digital markets “can tip very fast so we as competition enforcers need to be able to move quickly”, the EU commissioner told a competition law conference on Friday.
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