EU Parliament agrees on proposal to take on U.S. tech giants

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Reuters UK

(Removes incorrect reference to “next year” in third para) BRUSSELS (Reuters) -The European Parliament on Thursday signed off on a proposal for new rules aimed at U.S. tech giants, paving the way for talks on the plan with member countries and the European Commission. The Digital Services Act, a proposal from EU antitrust chief Margrethe Vestager, would force Amazon, Apple, Alphabet unit Google and Facebook owner Meta to do more to tackle illegal content on their platforms or risk fines up to 6% of global turnover. Vestager’s proposal still needs to be ironed out with EU countries and lawmaker…

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