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

“This legislation will rebalance digital markets, increase consumer choice and put an end to many of the worst practices that Big Tech has engaged in over the years,” said Ursula Pachl, deputy director general at Brussels consumer lobbyists BEUC in an emailed statement, citing practices like app stores that force the use of proprietary digital payment services.

Source: https://www.coindesk.com/policy/2022/03/25/eu-passes-law-to-rein-in-big-techs-domination-over-smaller-players/?utm_medium=referral&utm_source=rss&utm_campaign=headlines