Just two weeks after launching its landmark competition case against Google (GOOG, GOOGL), the European Commission is poised to widen its front against U.S. tech companies by initiating a separate investigation into a broader range of online platforms. The latest draft of the plan, seen by the FT, will encompass everything from online shopping to telecoms regulation and is set be approved by the commission next week. The "digital single market" probe could also bring in stricter rules to video services companies such as Netflix (NASDAQ:NFLX) and messaging apps like WhatsApp (NASDAQ:FB) and Skype (NASDAQ:MSFT) which have become big rivals to traditional European media and telecoms companies.
Seeking Alpha
.....mad dash'n scramble.......look out clouds everywhere