In the past couple of decades, Europe and America have taken different paths in how they regulate large firms. Perhaps surprisingly, Europe took on even the mighty tech giants, imposing multi-billion-euro fines on the likes of Google and, at times, forcing changes to tech business models. Ms Vestager’s regulatory method is premised on the idea that consumer tech markets tend …
Tech giants will have to do more to weed out illegal and harmful content while online gatekeepers will be bound by a list of dos and don'ts under new rules aimed at reining in their power, Europe's antitrust chief said on Thursday. European Competition Commissioner Margrethe Vestager also proposed new powers for enforcers to tackle market failures in digital markets …