EU Lawmaker Says Rules Should Target Only Facebook, Google, Amazon, Apple

Draft rules aimed at reining in the power of Facebook Inc., Alphabet Inc. unit Google, Amazon.com Inc. and Apple Inc. should only target these U.S. tech giants, a leading EU lawmaker said, signaling a tougher stand than EU antitrust regulators. Proposed by European Competition Commissioner Margrethe Vestager last year, the Digital Markets Act (DMA) could force U.S. tech giants to change their lucrative business models and ensure a level playing field for smaller rivals.