Britain said it would introduce a new law to rein in the power that big tech companies such as Google, Facebook and Amazon are able to wield to stifle competition in digital markets. | Reuters
The bill, once passed by parliament, will rectify that by giving the DMU new powers over tech companies that have a global turnover of more 25 billion pounds or a British turnover above 1 billion pounds.
The European Union last year brought in its own law to tackle big tech’s dominance, despite fierce opposition from Google, Apple and others.
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