EU Lawmaker Wants Tech Firms Regulated by Country Where Located

U.S. tech giants such as Apple, Google, Facebook and Amazon should be regulated by the EU country where they are based under proposed EU rules, a top lawmaker said, knocking back efforts by some countries to broaden the planned act's scope. The country of origin principle is set out in EU antitrust chief Margrethe Vestager's draft rules known as the Digital Services Act which requires U.S. tech giants to do more to police the internet for illegal and harmful content.

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