Big tech face new regulation in EU

Big tech companies could reportedly face new European Union rules that would force the companies to be more transparent in their search results ranking process. New rules are aimed at preventing such large companies from abusing dominant positions in the market. The EU is also planning a new taxes on tech firms’ profits.

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It is interesting how the EU does have a vibrant private sector, partially due to what it does to prevent monopolies. Apple, Google and Facebook exist, in large part, because of anti-monopoly actions Europe took against Microsoft in 1990's

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