Telecoms firms lose bid to rein in US tech giants

Telecoms firms lose bid to rein in US tech giants

Google, Meta Platforms, Netflix, Microsoft and Amazon will not face heavy-handed regulations in Europe’s digital rule overhaul despite calls from telecommunications companies, people with direct knowledge of the matter said on Thursday. A slew of new tech rules adopted in recent years by the European Commission sparked criticism from the US, which says it targets…

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