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Tech giants could be fined 10% of turnover for breaching EU rules -EU source

Tech giants could be fined 10% of turnover for breaching EU rules -EU source

December 14, 2020

BRUSSELS (Reuters) – Tech giants which control access and data to their platforms will face fines of up to 10% of their annual turnover for violations under draft EU rules to be announced on Tuesday, a person familiar with the matter said.

The proposed rules are likely to affect Amazon, Apple, Facebook and Alphabet unit Google.

(Reporting by Foo Yun Chee; Editing by Susan Fenton)

The post Tech giants could be fined 10% of turnover for breaching EU rules -EU source first appeared on One America News Network.

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