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EU Passes Law to ‘Rein In’ Big Tech’s Domination Over Smaller Players

Companies such as Google, Apple, Amazon and Meta could face fines as high as 20% of turnover as the EU seeks to stop “gatekeepers” curbing competition from smaller players.

Updated May 11, 2023, 4:27 p.m. Published Mar 25, 2022, 10:47 a.m.
Margrethe Vestager and French Minister Cédric O in negotiations Thursday (French Economics Ministry)
Margrethe Vestager and French Minister Cédric O in negotiations Thursday (French Economics Ministry)