Heavy fines can easily be shrugged off by these cash-rich giants, regulations aimed at specific practices often fall behind in a fast-moving sector and traditional approaches like antitrust investigations can be too slow to prevent the market consolidation they’re meant to prevent.
Determined to do more, the EU is now set to unveil sweeping legislatio The European Union has long been the world’s most aggressive regulator of the world’s biggest technology firms — and perhaps the most frustrated.
Summary automatically generated by NewSUM A.I. from the following sources:
- The New Tools the EU Wants to Crack Down on Big Tech: QuickTake (washington post)
- The EU’s Been Tough on Tech. It Wants to Get Tougher: QuickTake (washington post)