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EU Phone Companies Call for Stricter Rules for Google and Facebook

     
2:55 am on Sep 2, 2014 (gmt 0)

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Vodafone Group Plc (VOD) and Telefonica SA (TEF) used a technology conference in Spain today to call for the European Union to focus less on new rules for phone companies and more on Facebook Inc. and Google Inc. (GOOG) to reduce their dominance.

These Internet companies have become too dominant, giving them the power to control what applications are developed and used by consumers, the carriers said.

“They’re so obsessed with us not having a market share of 40 percent in countries like Ireland, countries with 3 million inhabitants, but they’re not concerned about a well-known company having 90 percent of the market in search engines,” Alierta said.

Whole story at [bloomberg.com...]