February 14, 2019 / 8:30 AM / 2 months ago

EU agrees to curb unfair practices by tech giants, booking sites

BRUSSELS, Feb 14 (Reuters) - EU countries, the European Commission and EU lawmakers clinched a deal late Wednesday to curb the powers of companies such as Google and Apple Inc with new rules.

Unveiled by the Commission in April last year, the platform-to-business (P2B) law seeks to prevent unfair business practices by app stores, search engines, e-commerce sites and hotel booking websites in a bid to ensure a level playing field between the tech companies and traditional businesses.

The rules target Amazon Marketplace, eBay, Apple’s App Store, Google Play, Facebook Marketplace , Booking.com and Leboncoin.fr, among others. (Reporting by Foo Yun Chee; editing by Philip Blenkinsop)

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