EU flags fly outside the European Commission building in Brussels on Dec. 7, 2020.
(KENZO TRIBOUILLARD/AFP via Getty Images)
Sweeping new EU draft rules will increase the pressure on large tech companies, but debates over their proposed requirements and penalties will likely limit their impact on big tech. The legislation's ultimate fate depends in part on how the European Union frames the proposals to the incoming Biden administration because its receptivity to rules that disproportionately affect U.S. firms could prove decisive to their implementation....
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