Regulation of Big Tech Stifles Innovation
Quite a contrarian view, but hear me out…
Recently, Europe has agreed on new rules that will restrict the dominance of some of these Big Tech firms. Under the Digital Markets Act which only affects companies with a value of more than €75B, annual sales of €7.5bn, and at least 45 million monthly users, it seems like Meta, Google, and Apple will be required to open…