EU moves to rein in U.S. tech giants with threat of fines, break-up

EU moves to rein in U.S. tech giants with threat of fines, break-up

4 years ago
Anonymous $y15ULlV7sG

https://www.reuters.com/article/us-eu-tech/eu-moves-to-rein-in-u-s-tech-giants-with-threat-of-fines-break-up-idUSKBN28P0HH

U.S. technology firms including Amazon, Apple, Facebook, and Google face fines of up to 10% of their annual turnover and could even be forced to break up under draft European Union rules announced on Tuesday aimed at curbing their powers.