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From 2010 to 2011, Schwab drafted the European Parliament's report on theEU Consumer Rights Directive.[4] Asshadow rapporteur, he has issued opinions on the negotiations for theTransatlantic Trade and Investment Partnership (2015) and on the Annual Report on EU Competition Policy (2015). In 2014, he co-sponsored (withRamon Tremosa) a non-binding bill before the European Parliament calling on theEuropean Commission to consider separatingGoogle’s search-engine business from its other commercial activities to ensure fair competition on the internet.[5][6] He also led the European Parliament's negotiating team on internet platform regulation in Europe.[7] He later served as rapporteur on the ECN+ Directive that entered in law early 2019, handing national competition authorities more enforcement powers to ensure the functioning of the EU's single market.[8] In 2021, he became the parliament's rapporteur on theDigital Markets Act.[9][10]
In addition, Schwab serves as a member of the European Parliament's Sky and Space Intergroup (SSI)[11] and the European Parliament Intergroup on Biodiversity, Countryside, Hunting and Recreational Fisheries.[12]
In 1998, Schwab was elected for the "Young European of the Year" due to his commitment to Franco-German relations and received a scholarship from the Heinz Schwarzkopf Foundation.[15]
In addition, in 2018 he received the Federal Cross of Merit of the Federal Republic of Germany.[16]
