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EU seeks new regulatory powers against big tech firms

Powers could include the ability to exclude large tech companies from the single market altogether.

The European Union wants more regulatory powers to force big US tech companies to break up or sell off operations in Europe if their dominance is deemed a threat to smaller firms or consumers.

The European Commission is set to propose new rules called the Digital Services Act by the end of this year, which will increase responsibility and liability for social media firms and the content on their platforms.

Source: EU seeks new regulatory powers against big tech firms | IT PRO

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