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Parliamentary question - E-000153/2021Parliamentary question

Influence of the five biggest US tech companies (GAFAM) on people in European Member States

Question for written answer  E-000153/2021
to the Commission
Rule 138
Christine Anderson (ID)

The five biggest US tech companies, also known as GAFAM (Google (Alphabet), Apple, Facebook, Amazon, Microsoft), have a combined market capitalisation of approximately USD 7.2 trillion[1]. In comparison, the EU has a nominal GDP of approximately USD 17.4 trillion[2], around 2.5 times that amount.

These companies possess an unparalleled collection of user data which is the most extensive in the world. They are also in a unique position to evaluate this data by means of algorithms and to determine what information is presented to the users of their services. Moreover, these companies dispose of comparatively large financial resources.

Last updated: 27 January 2021
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