🇪🇺 The EU is threatening tech giants with fines worth billions of euros!
⚖️ A new EU bill targets major technology companies and paves the way for fines of up to 6% of their total annual global sales if they are found to have engaged in unfair business practices through digital platforms.
💰 This means tech giants could face fines worth billions of euros.
📌 For now, the bill is still a proposal and has not yet become law.
🔥 Can the EU curb the influence of tech giants with these penalties?
#EU #TechNews #BigTech #Regulation
⚖️ A new EU bill targets major technology companies and paves the way for fines of up to 6% of their total annual global sales if they are found to have engaged in unfair business practices through digital platforms.
💰 This means tech giants could face fines worth billions of euros.
📌 For now, the bill is still a proposal and has not yet become law.
🔥 Can the EU curb the influence of tech giants with these penalties?
#EU #TechNews #BigTech #Regulation