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France and Netherlands Join Forces to back EU Move Against Tech Giants

15 Oct 2020 11:52 AM | Anonymous

US tech giants such as Facebook and Google are being threatened by the EU attempts to break them up after France and the Netherlands joinforces to appeal for the bloc’s competition authorities to take measures to restrict the companies market power. 

By restricting their market power it will help smaller rivals to grow.

This push to implement restrictions on tech giants comes as Brussels has introduced new regulations to share data with smaller tech firms and for data to be used for narrower purposes.

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