News Formal

Macron takes aim at US in push for fairer tech industry

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 66%

United States News News

United States United States Latest News,United States United States Headlines

President Emmanuel Macron on Thursday took a swipe at the freewheeling U.S. business model, saying the private sector had too much influence on U.S.

Speaking at the opening of a tech summit in Paris, Macron said he favoured a toughening of merger and acquisition rules in Europe and that he wanted to make sure European software firms were not taken over by U.S. firms.The French president, a former investment banker, has come under constant fire from opponents for being too close to big business and pushing through tax reforms that favour the wealthy.

Macron in particular wants Europe to be the global standard bearer for tougher regulation of digital technology, finding a way between what he calls an excessively lax United States and an over-restrictive China.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Local education start-up Cialfo raises US$3 million to expand into US marketSINGAPORE - Singapore-based education start-up Cialfo announced on Tuesday (May 14) that it has raised US$3 million (S$4.1 million) in funding as it expands into the US market.. Read more at straitstimes.com. this is ur intern place right cennicchan stanley~~
Source: The Straits Times - 🏆 8. / 63 Read more »