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The proposal seeks to address potentially harmful trading practices by online platforms and a lack of effective redress mechanisms for smaller businesses that use them to reach consumers.
“Online intermediation services can hold superior bargaining power over their business users, enabling them to behave unilaterally in a way that is capable of harming the businesses using them,” the draft regulation, seen by Reuters, says. E.U. Drafting New Regulations over Search Ranking Transparency [reuters.com]
The proposal will not force companies to disclose their algorithms but just provide descriptions at a general level explaining “how and to what extent the relevant ranking mechanism takes account of the quality of the products and services offered”.
The search engines should simply say, "We don't take account of the quality of the products and services offered. We rank Web content, not businesses."
Except, of course, that no one is compelled to use it, and alternatives are just a click away.
Bing has a perfectly good methodology, but no exposure.
Amazon, Apple, Bing and Google are likely to come under new scrutiny as the E.U. is drafting new rules over commercial practices and, and will require companies to be more transparent about search ranking and clearer over de-listing.
I would not rule out Amazon creating or acquiring Search capabilities.