The EU Wants a New Regulator to Make Sure Internet Firms are Behaving Themselves | Gizmodo UK: "They warn that some digital businesses are "transforming into super-nodes that can be of systemic importance” and “only a very limited part of the economy will not depend on them in the near future.”
The documents warn that a lack of action could lead to a "point of no return", where economies are irreversibly tied to a handful of large companies. Examples include the likes of Amazon, Etsy, Trip Advisor, Facebook, and Google.
They are mentioned as having undue power over their sectors of the market and can exclude any company or products they feel like, without evidence, by claiming they breach terms and conditions.
Apparently this could potentially put the whole European economy at risk due to market exploitation.
To tackle this the documents propose that a new "supervision framework" should be put together and do things like ban unfair business practices and prevent internet companies from using their platforms to provide preferential treatment to their own services." 'via Blog this'