Run Alphabet, Amazon And Faceook!

France and the Netherlands have proposed stricter EU regulations to oversee large technology firms, such as Alphabet, Facebook and Amazon.

Based on the document, both countries suggested that EU authorities be able to control the market position of this large technology platform.

According to C├ędric O, state secretary for digital transitions in France, their objective is to design a framework that is efficient enough to address the greater impact on the European economy.

He added that access to data, services is one of the efficient tools should be used, with a specially designed approach, to overcome the market monopoly and ensure that users are given the freedom to choose.

In addition, the EU is alleged to have held discussions on Big Tech and competition issues over the last 12 months. In addition to conducting anti-trust investigations against some of the largest firms, the commission also enacted data protection laws.

Meanwhile, the team led by Margrethe Vestager, head of the competition policy for the EU, will submit a proposal on new tools that will allow the institution to have greater strength in overseeing the digital economy before the end of this year.

Based on the statement submitted by the spokesperson of the institution, the commission is considering how to improve the functioning of the digital market holistically using the recommendations gathered during these (general) consultations.

In addition, they are in the process of completing a larger evidence-gathering process and remain committed to submitting a legal proposal by the end of 2020.