Tech giants believe sweeping EU digital rules too burdensome, worry about profitability

Tech giants in the EU are concerned about new digital rules that they believe are too burdensome and may impact their profitability. Companies like Google, Facebook, and Amazon are worried about the strict regulations proposed by the European Commission, which aim to curb their market dominance and ensure fair competition in the digital sector. These tech giants are pushing back against the rules, claiming that they could stifle innovation and harm their business operations.

Source link