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EU to unveil plans to boost European firms, rein in U.S. tech giants

EU to unveil plans to boost European firms, rein in U.S. tech giants

Wednesday, February 19, 2020, 12:48 PM

The EC will launch the first of a raft of proposals to help European-companies exploit their rich trove of industrial-data and at the same time rein in online-giants Facebook Inc, Alphabet Inc's Google and Amazon.com Inc. The data strategy and artificial-intelligence discussion papers are part of a bigger scheme to help European-companies better compete with U.S. tech giants and state-aided Chinese-companies in the digital-world.
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