#International_Tech_News | #BIG_GOV | #BIG_FINANCE |
#UK_Government sets out plans to rein in #Big_Tech
Large tech companies such as #Google and #Facebook will have to #abide by new #competition_rules in the UK or risk facing #Huge_Fines, the government said.
"The #Dominance of a #few tech giants is #crowding_out COMPETITION AND STIFLING INNOVATION," he said.
https://www.bbc.com/news/technology-61342576
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#crowding_out #few #dominance #huge_fines #competition_rules #abide #facebook #google #big_tech #UK_GOVERNMENT #Big_Finance #BIG_GOV #INTERNATIONAL_TECH_NEWS
#BIG_FINANCE | #JP_Morgan_Chase Paid its #billions in #fines for #mortgage_fraud by committing billions in #mortgage_fraud.
The original #settlement came from the #Obama_era policy of #not_prosecuting #finance_executives for #CRIMINAL_ACTS, #preferring??? to #extract #huge_fines from the #institutions.
In February 2012, .. which included widescale #foreclosures on people who were #not_even #Morgan_Chase #customers.
https://boingboing.net/2017/10/06/eric-holders-legacy.html
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#customers #Morgan_Chase #not_even #Foreclosures #institutions #huge_fines #extract #preferring #CRIMINAL_ACTS #finance_executives #not_prosecuting #Obama_era #settlement #mortgage_fraud #fines #billions #JP_Morgan_Chase #Big_Finance