EU Officials Weigh New Limits on US Tech Giants Influence
European leaders are divided on how to limit US tech dominance in cloud and satellite sectors. Officials seek to balance sovereignty with investment needs.
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European Union leaders are debating restrictions on United States tech firms to protect local satellite and cloud markets. Three U.S. giants currently control 63% of the global cloud market. The outcome will determine if European firms can close a €1 trillion investment gap with the U.S.
