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CFDs are complex instruments. 70% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.
CFDs are complex instruments. 70% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.

EU lists Alphabet, Amazon and other tech giants as ‘gatekeepers’ under new rules

The EU Commission has designated 22 services of six major tech companies as "gatekeepers" of online services. IG’s @AngelineOng takes a look at what this means for the six, mostly, US companies.

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(Video Transcript)

Now, one thing that's getting many tech companies hot under the collar, the EU Commission has designated 22 services of six major tech companies as gatekeepers of online services providing messaging to video sharing. Now, let's get you through the details. And who are these designated gatekeepers?

Well, they include Apple, Amazon, Meta, Microsoft and ByteDance. These businesses, what will happen eventually is that the rules, the new rules will be required to make their messaging apps interoperate with rivals and let users decide which apps to pre-install on their devices.


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