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Taming Big Tech: Battles against them have reached a defining moment

September 30, 2023
Source: theprint.in theprint.in
News Snapshot:
In Europe, meanwhile, hefty fines running into billions of euros have already been imposed on tech companies in at least three instances. Now a “revolutionary” law has been passed and another unveiled this week, giving customers the freedom to decide what apps they want and delete pre-loaded software, and enabling more competition to Google Pay and Apple Wallet. Fines can go up to 10 percent of company turnover for abuse of monopoly power, invasion of privacy, etc. Battles against Big Tech (Meta, Amazon, Microsoft, Alphabet, and Apple, or MAMAA) aren’t new. But they have reached a defining moment. Earlier this...
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