Tech giants could be banned from EU market if they do not heed regulations

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Tech companies could be banned from the EU markets if they do not follow new rules and regulations

European Union Internal Market Commissioner Thierry Breton holds a video news conference, to present a"White Paper" to better arm the EU against unfair competition from heavily subsidised foreign companies, at the European Commission in Brussels, Belgium June 17, 2020.

Breton will announce new draft rules known as the Digital Services Act and the Digital Markets Act together with European Competition Commissioner Margrethe Vestager on Dec. 2. The new draft rules come as critics of US tech giants, which include companies and industry bodies, question the EU’s rulings against Alphabet unit Google, saying they have not curbed its allegedly anti-competitive behaviour. Some want EU enforcers to go further than just ordering companies to stop such practices.

 

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