Fines may help Big Tech change tactics : vimarsana.com

Fines may help Big Tech change tactics


 
This file photo illustration photo shows a Facebook App logo displayed on a smartphone in Los Angeles, March 1, 2021. [Photo/Agencies]
Sanctions for alleged anti-competitive behavior are influencing the way Big Tech companies such as Google and Facebook operate in Europe, said Isabelle de Silva, president of the French Competition Authority.
Competition law enforcers around the world have long struggled to pressure internet giants over business practices. The European Union has launched three separate antitrust investigations into Google for violating the bloc's laws since 2010 due to its dominant position in the market.
In an interview with the Financial Times published on Tuesday, de Silva said she did not believe fines could be played down as merely "the cost of doing business".

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