China Is Joining the Global Push to Rein In Tech Giants

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Beijing is adding new momentum to efforts in Brussels and Washington to curb the power of big tech companies

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China recently joined the chorus of governments advancing plans to impose new competition obligations on a small cadre of large technology companies, including Amazon.com Inc., Facebook Inc. and Alibaba Group Holding Ltd.by digital giants. The proposals include blocking companies from crunching consumer data to set discriminatory prices, or selling products at prices below cost to gain market share.

from many potentially anticompetitive actions, such as promoting their own products over those of competitors. The U.K. plans legislation empowering a new digital-competition unit to enforce codes of conduct for companies that dominate strategic digital markets. Driving the proposals are a growing number of policy makers, competition specialists and smaller tech rivals in Europe, Asia and the U.S. who say fresh laws are needed to ensure that new tech rivals can emerge to challenge the digital giants.

 

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If the Chinese and the Russians are joining ti curtail and control of big tech companies please do exactly the contrary . Democracy only goal is the wellbeing of their citizens Authocracy and dictarship only take care of their power apparatus.

That’s precisely the moment you know when you’ve made a wrong turn and should go back.

Please, big tech is Chinese crack, they bested us at all STEM academic standards and just don’t apply that knowledge in that society well. They hack and spy and say reign in. Give up on any of the American public trusting you ever on anything same on trusting big tech

Disappearing entrepreneurs is not a welcome development and I hope that does not gain momentum. This is one area where the west should strongly oppose and denounce China's approach.

More good news please(((

China already controls it

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