EU's Vestager working on criteria to define market influence

By Foo Yun Chee
BRUSSELS (Reuters) - The EU plans to set out criteria specifying the kind of dominant companies that will face tougher rules, Europe's antitrust chief said on Monday, in a move that will likely affect Apple, Amazon, Facebook and Google.
Competition Commissioner Margrethe Vestager, who is drafting rules known as the Digital Services Act which will spell out how data should be shared and how digital marketplaces should operate, said she was looking into a list of criteria to define market influence or weight.
"Well obviously it will not be targeted at any specific company or any specific nationality. What is important is that they target a certain market weight, market influence and this is what will be guiding these criteria that we will set out," she told Reuters in an interview.
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