Splitting up tech giants won't be necessary, says EU antitrust chief

Competition Commissioner Margrethe Vestager is due to announce new draft rules for the digital sector on December 2

Splitting up large tech companies such as Google and Facebook will not benecessary, Europe's antitrust chief was quoted as saying on Sunday.

European Competition Commissioner Margrethe Vestager is due to announce new draft rules for the digital sector on Dec. 2 and will then have to reconcile her proposal with those from member countries and the European Parliament.
 

On Thursday, she said she would propose new powers for enforcers to tackle market failures in digital markets and to stop new ones from emerging.
 

However, Vestager told the Frankfurter Allgemeine Sonntagzeitung newspaper that she did not think breaking up the companies would