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Technology Stocks : Alphabet Inc. (Google)

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Dec 23 3:59 PM EST

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From: FJB	12/15/2020 1:43:17 PM
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EU announces sweeping new rules that could force breakups and hefty fines for Big Tech cnbc.com Published Tue, Dec 15 202010:39 AM ESTUpdated Tue, Dec 15 202011:50 AM EST Silvia Amaro @Silvia_Amaro Key Points One of the potential changes is putting an end to self-preferencing. Companies like Apple and Google will also have to allow users to uninstall apps that have originally come with their devices. Failure to comply could result in fines as high as 10% of the companies’ annual turnover worldwide. The remedies could ultimately include forcing companies to disinvest if they breach the rules systematically.

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