France has argued that the tax is aimed at all tech firms and not just American ones. France is not the only country that has devised a tax on tech firms – the UK is considering its own measures. But France, which wants the OECD club of rich countries to lead on tech tax issues, is now urging the EU and countries further afield to look closer at regulation. O said tech giants, as monopolies, now presented a democratic challenge to governments. O said he felt people’s concerns over the impact of big tech giants in daily life had played a role in citizens’ protest movements recently.

Source: The Guardian January 12, 2020 18:15 UTC