"The EU is looking to give itself sweeping new powers to crack down on US tech giants, EU commissioner Thierry Breton told the FT in an interview Sunday.
The regulatory blueprint includes massive penalties to force tech companies to sell off their European operations and even shutting them out of the European single market.
Breton compared the power tech giants wield now to that of the banks before the financial crisis. ..."
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The Commission has proposed today an ambitious reform of the digital space, a comprehensive set of new rules for all digital services, including social media, online market places, and other online platforms that operate in the European Union:…
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