EU lawmakers call for Amazon and Apple to “prepare for new regulations” at hearing

// EU lawmakers have invited Amazon and Apple CEOs to a hearing on February 1
// The companies will be told to “prepare for new regulation for the digital sector”
// The European Parliament will provide input into proposals by the European Commission to force the companies to play fairly with rivals

EU lawmakers have called for the chief executives of Amazon, Apple, and Facebook to attend a hearing as they try to crack down on the powers of US tech giants.

The European Parliament will 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.

“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,” EU lawmakers said.


READ MORE: Price gouging still “very much an issue” on Amazon


“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 chief executives only.”

The invitation said lawmakers were willing to change the date of the hearing – which is currently on February 1 – to another day in February or March.

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