Technology

Controversial New Law for Big Tech in Europe Expected This Week

Controversial New Law for Big Tech in Europe Expected This Week

U.S. tech giants are bracing for details of a new law that could force sweeping changes to how they operate in Europe, with significant fines or, in extreme cases, banning the worst offenders from acquisitions. The new Digital Markets Act, set to be agreed by European Union negotiators as soon as Thursday, targets so-called gatekeeper companies, platforms like Facebook and Google with the power to control distribution in their markets.

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