Huge Tech Law Is Coming

“Europe has been at the forefront of regulation on big tech more broadly, slapping Google with a hefty anti-trust fine and putting pressure on Facebook andApple to up privacy measures.
“The gross idolatry, or mother-of-all hall passes that big tech has received from government and from regulators is coming to an end,” NYU Stern School of Business professor Scott Galloway told CNBC’s “Squawk Alley” Friday.
“If you pit the U.S. administration against Amazon,” Galloway said, Amazon comes out on top.
“We are barreling towards regulation,” Galloway said.
Only thing in the way of Amazon and a trillion-dollar market cap is themselves: NYU professor 47 Mins Ago | 05:08The pressure big U.S. tech companies are now starting to feel might be just the beginning.

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