Tussles Between Silicon Valley and Brussels in Brief

Market Trends

The European Commission accused Google of abusing its dominance of the online ad market.

EU is accused of funneling profits into low-tax economies like Ireland and Luxembourg.

Brussels has also handed down billions in fines for breaches of its landmark 2018 privacy regulations.

Social networks, particularly Facebook and Twitter, are often accused of failing to tackle disinformation and hate speech.

Google and other online platforms have also been accused of making billions from news without sharing the revenue with those who gather it

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