Stories

Axios Apr 24
SaveSave story

Europe's new privacy rules favor tech giants

People walk past a Google logo on a wall in Lisbon
Photo: Patricia de Melo Moreira/AFP via Getty Images

Beginning May 25, "Brussels wants its new General Data Protection Regulation, or GDPR, to stop tech giants and their partners from pressuring consumers to relinquish control of their data in exchange for services," reports the Wall Street Journal.

Yes, but: "[S]ome of the restrictions are having an unintended consequence: reinforcing the duopoly of Facebook Inc. and Alphabet Inc.’s Google."