The government has introduced sweeping new regulations targeting major technology companies in an effort to promote competition and protect consumer data privacy. The proposed rules would place significant restrictions on how tech giants can operate and use personal data.
The regulations come after years of growing concerns about the market dominance of a few large technology companies. "These reforms will ensure a more level playing field and protect consumers from anti-competitive practices," said the head of the Federal Trade Commission.
The tech industry has pushed back against the proposed regulations, arguing they could stifle innovation. The legislation is expected to face significant debate in Congress in the coming months.