EU wants to break the US tech domination

Reuters report that they have seen a plan by which the EU will create a single information market.

This aims to challenge the dominance of major US technology companies such as Facebook, Google and Amazon.

The EU proposal will be presented on 19 February

The EU wants to end the dominance of US technology giants over information and better compete with Chinese competitors.

“Currently, a small number of big technological names hold much of the world ‘s information. This is a major weakness for information – oriented companies and it is difficult for them to develop, grow and create innovation today, including in Europe, but many new opportunities remain. . “

 Trader Aleksandar Kumanov

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