EU to unveil plans to boost European firms, rein in U.S. tech giants

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The European Commission will on Wednesday launch the first of a raft of proposal...

FILE PHOTO: Facebook, Google and Twitter logos are seen in this combination photo from Reuters files. REUTERS

The data strategy and artificial intelligence discussion papers are part of a bigger scheme to help European companies better compete with U.S. tech giants and state-aided Chinese companies in the digital world. The core of the EU’s data strategy is the creation of a single European data market and smaller data markets centered on key industries, according to a draft seen by Reuters last month.

One of the possibly controversial proposals calls for doing away with EU competition rules against anti-competitive data sharing.

 

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Still afraid to properly tax the tech giants.

Putin and his team their great work! Motto: ,,If the My garden is not green the other man's garden should not be green!'

The EU only seems to work when stuff in mandated centrally from Bruxelles, any local grass-roots innovation is killed off. notinventedhere

Great. They can move to the UK from Dublin... BorisJohnson 10DowningStreet

Does EU have SNS companies

Time to even the field, enough of US propaganda

What about Europe having their own FB, Twitter, Google Etc impposing greedy rules.. You'll take care of your people right!? That's the future.. Today'$ Giants are about to End with their Unffair practices as normal Standards Worldwide.🇺🇳

Good luck collecting the taxes.

Good luck with that. Europe is millions of years behind but yeah. Fuck those spying monopolies. I’m going back to candles, pen and paper meanwhile

That's called communism. Sounds like Russia and China.

Lol good luck

The EU can’t create a tech giant, so they punish other countries’ tech giants. Makes sense.

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