r/worldnews - EU to unveil landmark law curbing power of tech giants. Facebook, Amazon, Google and others could soon face massive fines in the European Union under a draft law that seeks to reign in tech giants. Firms could be fined up to 10% of their annual turnover for violating competition rules.

Tech giants could be entirely banned from the EU market over "serious and repeated breaches of law," AFP reported. The disruption that would cause to normal people would be political suicide , its a bluff at best. via Pocket https://ift.tt/2Kolyas