EU Targets Google's Data Monopoly with New Rules
Google's data advantage hinders competitors like Bing and DuckDuckGo.
Commission proposes six obligations: data scope, anonymization, fair pricing.
EVP Teresa Ribera emphasizes data access for fair competition.
Google criticizes proposal, warning of privacy and innovation risks.
Public consultations start Friday; final decision expected July 2024.
Non-compliance could result in up to 10% of Alphabet's global revenue fines.
17 hours ago