EU - Page 23

Europe Takes on the Big Tech Masters of the Universe with Digital Markets Act

The Big Tech Masters of the Universe are facing renewed pushback as the European Union Council and European Parliament have reached a provisional political agreement on the Digital Markets Acts (DMA). The DMA will attempt to tame the anti-competitive power of tech companies like Amazon, Google, and Facebook, which the act labels as “gatekeepers.”

Facebook CEO Mark Zuckerberg arrives at the European Parliament, prior to his audition on

Russia-Dependent EU Strikes Deal to Buy More U.S. Gas

Even if the U.S. can ship more gas to Europe, the continent may struggle to receive it. Import terminals are located in coastal areas, where there are fewer pipeline connections for distributing it. And if all Europe’s facilities were operating at capacity, the amount of gas would likely be only about two-thirds of what Russia delivers through pipelines.

The JS Ineon Insight ship carrying the first shipment of shale gas from the United States