Financial Times Reported Apple And Microsoft Have Argued Some Of Their Flagship Services Are Insufficiently Popular To Be Designated Gatekeepers Under New EU Legislation
Portfolio Pulse from Charles Gross
Apple and Microsoft have argued that some of their flagship services are not popular enough to be designated as gatekeepers under new EU legislation, according to a Financial Times report.
September 04, 2023 | 8:17 pm
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Apple's argument against being designated as a gatekeeper under new EU laws could potentially help it avoid stricter regulations.
Apple's argument, if accepted, could help it avoid stricter regulations under new EU laws. However, the final decision is yet to be made and the impact on Apple's stock is uncertain in the short term.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Microsoft's argument against being designated as a gatekeeper under new EU laws could potentially help it avoid stricter regulations.
Microsoft's argument, if accepted, could help it avoid stricter regulations under new EU laws. However, the final decision is yet to be made and the impact on Microsoft's stock is uncertain in the short term.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The new EU legislation could potentially impact companies within the VGK ETF, depending on the final decision regarding the 'gatekeeper' designation.
The new EU legislation could potentially impact companies within the VGK ETF, depending on the final decision regarding the 'gatekeeper' designation. The impact on the VGK ETF is uncertain in the short term.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50