Europe threatens to break up Big Tech if it doesn't play by new rules - News Summed Up

Europe threatens to break up Big Tech if it doesn't play by new rules


that would force companies to change their business practices. It amounts to the most aggressive legislative effort to rein in companies such asandto date, according to industry experts. For example, such companies would be forbidden from using data obtained from business users to compete with them. "The two proposals serve one purpose: to make sure that we, as users, have access to a wide choice of safe products and services online. Tech companies that fail to remove or limit the spread of illegal content will face fines of up to 10% of their annual sales under rules proposed on Tuesday.


Source: CNN December 15, 2020 15:38 UTC



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