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Big Tech will have to share data under EU proposals

Dominant tech companies will have to open up their troves of data to smaller rivals, as other sectors such as financial services already do, the European Commission said, in proposals aimed at breaking down the monopolies such as those of Amazon and Google.

In a document outlining a “European strategy for data”, the commission said it would explore “the need for legislative action” to push companies towards sharing and pooling data.

In areas where there has been market failure, it said access to data “should be made compulsory [ . . . ] under fair, transparent, reasonable, proportionate and/or non-discriminatory conditions”.

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