If you follow the tech community, you’ve probably noticed that the only party that’s still invested in keeping big tech in line is the European Union. They’re constantly bombarding tech companies with regulation, fines, antitrust lawsuits, and basically anything else they can throw at them. Most recently, they forced Apple to switch to USB C. This has earned the EU a lot of praise for sticking up to big tech and looking out for the little guy, but as with most things, it turns out that the EU has some ulterior motives. It’s no secret that Europe has been largely left behind in the tech revolution. While the United States, India, and China race ahead competing at new leagues, Europe has nearly been demoted to second-world status. The only tool the EU has to continue staying relevant within the tech world and prevent big tech from gaining too much power is regulation. This video explains why the EU actually keeps prosecuting big tech and what this means for the future of tech in Europe.
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Timestamps:
0:00 - EU Prosecution
2:04 - Left Behind
6:09 - Played For Fools
9:57 - Europe’s Last Stand
Resources:
Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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