EU countries and EU lawmakers have struck a deal on rules to rein in tech giants

European Union countries and EU lawmakers on Thursday reached an agreement on landmark rules to limit the power of Alphabet’s Google, Amazon, Apple, Facebook and Microsoft. France, which currently holds the rotating presidency of the European Union, said in a tweet on Twitter that there had been an agreement. EU Industry Head Terry Breton confirmed it in a tweet on Twitter. EU antitrust lawmaker Margrethe Vestager proposed a little over a year ago in response to the slow pace of competition investigations, the Digital Markets Act (DMA) laying out a…

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