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Bloomberg Businessweek Weekend - July 5th, 2024
Bloomberg Businessweek
Regulating Big Tech Companies and Taxing Market Power
Big tech companies like Amazon, Meta, and Alphabet are facing scrutiny for their market power. While they provide benefits, the downsides are significant and include digital harms. Europe is leading in regulating these companies, and there is a call to limit their market power while imposing higher taxes on their revenues to address the issue.
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