Will Europe follow China in crackdown on Big Tech monopolies? RT’s Boom Bust investigates ...News

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Will Europe follow China in crackdown on Big Tech monopolies? RT’s Boom Bust investigates
source : Russia Today ( News ) () 12
European countries could be on the same page as China on Big Tech regulation, while the US still maintains loose policies, Economic Update host Professor Richard Wolff told RT’s Boom Bust. China’s antitrust crackdown on big corporations, including a record fine on e-commerce giant Alibaba, has been in the media spotlight in recent weeks. Those steps signal that Beijing does not want to allow Big Tech “to monopolize in the way it has been doing” in the US, Wolff explained, noting that Europe is also growing more critical of those companies. “Europe is in the middle. They’re not as loose in Europe as we are in the United States, but they

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