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France Plans a Revolution to Rein in the Kings of Big Tech

France Plans a Revolution to Rein in the Kings of Big Tech

During a joint press conference in London with President Emmanuel Macron of France this week, President Trump threatened to impose tariffs on French goods such as champagne, in retaliation for a new tax on large tech companies.

As he spoke, Macron’s digital affairs minister, Cédric O, was in Washington, DC, trying to build support for even stronger actions against Google and other tech giants.

“Tech platforms have a footprint in our economies and our democracies that is a huge challenge for public power,” O said, during a visit to WIRED’s offices in San Francisco, one stop on a week-long, cross-country trip that involved meeting lawmakers, regulators, and academics to discuss antitrust tactics.

It takes 3 percent of digital sales from companies with more than €750 million ($829 million) in global revenue and revenues in France of over €25 million ($27 million) in categories such as online ads or ride hailing.

“Tech platforms have a footprint in our economies and our democracies that is a huge challenge for public power.” Cédric O, France's Digital Affairs Minister

Source: www.wired.com
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