Financial Times

EU lawmakers agree on rules to target Big Tech

EU lawmakers have reached a breakthrough on how to target tech companies, including Apple and Google, as part of moves by Brussels to curb anti-competitive practices in the digital economy. The European Parliament’s main political parties agreed to a deal that would apply to companies with a market capitalisation of at least €80 billion and offering at least one internet service, such as online search. It means the rules would draw more companies than thought into the EU’s planned Digital Markets Act (DMA), a wide-ranging effort to rein in Big Tech.

Vodafone widens UK broadband footprint with capacity deals

Vodafone has stepped up its push into the UK broadband market after striking new deals with BT’s Openreach and challenger network CityFibre that hand the group the largest ultrafast broadband footprint in the country. The deals mean Vodafone will be able to offer the high-speed broadband product to 8 million homes by spring 2022 at steep discounts as it looks to grow its share of the market. The UK company is Europe’s largest broadband provider, with more than 25 million customers after acquiring cable networks in markets including Germany and Spain.