In a significant move, the European Union has decided to adopt new regulations aimed at curbing the influence of major tech firms.

This decision comes as a response to growing concerns over the power wielded by companies such as Google, Facebook, and Amazon, particularly in the areas of data privacy, market competition, and the spread of misinformation.

The regulations will enforce stricter oversight and potentially hefty fines for non-compliance.

This is seen as a bold step towards ensuring a fairer digital market and safeguarding user rights.