Fresh Round Of Big Tech Regulations Could Force Breakups, Massive Fines In Europe
The European Union introduced new legislation that could significantly hamper Big Tech companies’ operations across the continent via big fines and strict regulation.
European Union (EU) lawmakers introduced two pieces of legislation Tuesday aimed at reigning in Big Tech companies like Google and Apple, according to CNBC. The Digital Services Act and Digital Markets Act were crafted to prevent “gatekeepers from imposing unfair conditions on businesses and consumers,” the EU said in a press release.
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