To Rein In Big Tech, EU Thinks Privacy, Not Prices - News Summed Up

To Rein In Big Tech, EU Thinks Privacy, Not Prices


That’s different from traditional antitrust enforcement, which focuses on whether monopolies harm customers by, say, forcing them to pay higher prices. The EU is probing whether Amazon uses data it gathers about companies selling goods through its Marketplace platform to introduce competing products of its own. It’s erecting limits on how tech companies operate. California, the center of the U.S. tech industry, passed the toughest privacy regulations in the country, guided by Europe’s GDPR. Meanwhile, tech firms are pushing for more uniform regulation themselves, as spreading rules governing the way they operate drive up compliance costs.


Source: Washington Post May 24, 2019 08:01 UTC



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