"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 Eu
online platforms (3)
BRUSSELS—Big tech companies including Google parent Alphabet Inc., Amazon.com Inc. and Facebook Inc. face a swath of proposed European regulations aimed at curbing their alleged anticompetitive behavior, making them pay more taxes and compelling th
"Ofcom will not hesitate to impose fines on social media firms who fail to deal with harmful content, its new boss has said.
The watchdog would also consider temporarily suspending platforms in extreme cases of harm.
Chief executive Dame Melanie Dawe
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:…