EU Unveils Bills Targeting Big Tech Companies

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The European Union has unveiled two bills that aim to regulate and rein in the power of big technology players, particularly such U.S. giants as Google, Facebook, Apple, and Amazon. Details:

The European Commission, the executive arm of the European Union, has unveiled two bills that aim to regulate, reshape, and rein in the power of big technology platforms, particularly the U.S. giants including Google, Facebook, Apple, and Amazon.

While no companies are mentioned in the draft bills, it is clear EU legislators have U.S. tech in their sights. There have been unconfirmed reports that Swedish music streaming service Spotify, and other big European tech firms, lobbied to adjust the conditions to ensure they didn't apply to them.

 

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