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<a href="https://giphy.com/gifs/blink-182-blink-182-3oz8xQ0yc7mU7IgzcI" target="_blank">Giphy</a>

Spotify and a number of Europe-based internet firms are asking the European Commission to take a closer look at tech behemoths that may use their dominant positions to be "gatekeepers" that hamper competitors, FT reports.

While a letter to regulators doesn't cite Apple and Google by name, it says big internet platforms — including some mobile operating systems, app stores and search engines — "can and do abuse their privileged position." Together, Apple and Google control more than 90 percent of mobile operating systems and set the terms mobile service providers must follow.

Why now? The European Commission is considering overhauling digital policy. Proposals are due this year addressing the fairness of contractual agreements required by major platforms.

Last year Spotify tussled wth Apple after the music-streaming service said Apple blocked a new version of it's iPhone app, making it harder for its service to reach users.

Go deeper

Updated 41 mins ago - Politics & Policy

Inauguration Day dashboard

U.S. Capitol and stage are lit at sunrise ahead of the inauguration of Joe Biden. Photo: Patrick Semansky - Pool/Getty Images

President Trump has delivered a farewell speech and departed Washington for the last time on Air Force One, kicking off the day that will culminate with President-elect Joe Biden taking office.

What's next: The inaugural celebration for young Americans is being livestreamed, starting at 10am.

Updated 57 mins ago - Politics & Policy

Trump departs on final Air Force One flight

President Trump and his family took off on Air Force One at 9 a.m. on Wednesday morning for the final time en route to Florida.

The big picture: Trump's final hours as president were punctuated by his decisions to snub his successor's inauguration and grant pardons to many of his allies who have been swept up in corruption scandals.

Dion Rabouin, author of Markets
2 hours ago - Economy & Business

Janet Yellen said all the right things to reassure the markets

Illustration: Aïda Amer/Axios

Treasury Secretary nominee and former Fed chair Janet Yellen's confirmation hearing before the Senate Finance Committee on Tuesday showed markets just what they can expect from the administration of President-elect Joe Biden: more of what they got under President Trump — at least for now.

What it means: Investors and big companies reaped the benefits of ultralow U.S. interest rates and low taxes for most of Trump's term as well as significant increases in government spending, even before the coronavirus pandemic.