The European Union plans to introduce in coming weeks new proposals aimed at changing behavior—and, in some cases, business models—at large online platforms, reasserting the bloc’s role as global tech cop.
The European Commission, the bloc’s executive arm, is completing regulatory plans outlining how online platforms should remove illegal content quickly and refrain from using their power to quash rivals or push their own products on their sites.
The commission plans sanctions for violators that include fines and possible separation of assets, according to people familiar with the matter.
The rules, though not targeting any specific company, are likely to apply to U.S. tech companies including Alphabet Inc.’s Google, Facebook Inc. and Amazon.com Inc., according to EU officials.
In response to the coming regulations, tech companies and industry groups have warned against creating a new set of competition rules that could hobble innovation.
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