Mark Zuckerberg has asked for more regulation of Big Tech companies. Europe is preparing to give him what he wants.
The Facebook chief, on a trip to Munich and Brussels, is making it clear that he wants governments to provide more rules on data use, privacy and content. The tour comes just days before top European Union officials are set to unveil proposals with major implications for tech firms.
The European Union and its member states have so far been more aggressive than the United States, confronting Silicon Valley over competition issues and imposing data protection rules that have set a new global standard.The European Commission has hit Google with three antitrust penalties totaling €8.2 billion since 2017. And in December, the Commission launched preliminary investigations into how Google and Facebook gather, process, use and monetize data for advertising purposes.
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