Meta Platforms, Google, Amazon, and Microsoft will reportedly avoid heavy-handed regulations under the European Union’s upcoming Digital Networks Act (DNA). Sources with direct knowledge confirm that these major technology companies will not face the strictest new rules.
Instead, the tech giants will be subject to a voluntary framework. This decision significantly eases concerns over potentially stringent and costly new rules. European telecoms companies had advocated for the stricter measures.
The outcome represents a considerable win for Meta. The company avoids the immediate threat of stricter oversight and potential financial burdens in one of its largest markets. The new rules aim to boost investment in the region’s telecommunications infrastructure.
Officials expect the rules to be officially presented on January 20. This development suggests a less confrontational regulatory environment for major US tech firms operating in Europe in the near term.