Henrique Schneider • 05/25/2022 (Reblog)

A new Competitive Enterprise Institute report examines a European Union proposal to impose restrictions on technology companies, like stopping companies from preferencing house-brand products and services with lowest price deals for consumers.

“The Digital Markets Act proposed by the European Commission would impose restrictions on technology companies like Internet sellers, social networks, video sharing sites that would leave consumers with fewer and less affordable products and services,” said Henrique Schneider, author of the report and deputy CEO of the Swiss Federation of Small and Medium Enterprises.