The new European Union Law is a nightmare for tech giants like Google, Apple & others

Tech giants such as Google, Apple, Amazon, et al are about to face rules dictating their relationships with the smaller businesses for the first time. This directive stems directly from the new law proposed by the European Union on Thursday.

This new rule is targeted towards app stores, search engines, e-commerce, as well as hotel booking websites, requiring those organizations to put forth their ranking search results and delisting policies more transparently.

The law would also give enterprises and businesses the right to sue the online platforms that fail to conform to the new directive.