Facebook, Amazon.com and other tech giants could see a new watchdog emerge from EU plans to curb the power of “gatekeeper” online services.

While flirting with a new super-structure of investigators and enforcers signals the scale of the European Commission’s ambition, establishing such a new regime could be a practical and legislative nightmare — and one that doesn’t serve Brussels' primary aim of cracking down swiftly and cleanly on Big Tech excesses.

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