mixed
France and Germany Back EU’s Plan to Simplify Digital & AI Rules
France and Germany have publicly supported the European Commission’s Digital Omnibus proposals, aiming to relax key parts of its AI Act and GDPR. The governments argue that simplifying regulation could “save billions” and help European firms compete globally.
But critics — especially from the European Parliament’s progressive bloc — warn that the changes may weaken data protection and skew the balance in favour of big tech.
Companies:
- Google
- Meta
- OpenAI
Tags:
- eu
- policy
Euronews• By Harsh Ranjan
Explore:Mutual Fund Themes
mixed
France and Germany Back EU’s Plan to Simplify Digital & AI Rules
France and Germany have publicly supported the European Commission’s Digital Omnibus proposals, aiming to relax key parts of its AI Act and GDPR. The governments argue that simplifying regulation could “save billions” and help European firms compete globally.
But critics — especially from the European Parliament’s progressive bloc — warn that the changes may weaken data protection and skew the balance in favour of big tech.
Companies:
- Google
- Meta
- OpenAI
Tags:
- eu
- policy
Euronews• By Harsh Ranjan
Explore:Mutual Fund Themes
1 min read
65 words
France and Germany push for EU digital-rule simplification, while opponents warn of rights dilution.
France and Germany have publicly supported the European Commission’s Digital Omnibus proposals, aiming to relax key parts of its AI Act and GDPR. The governments argue that simplifying regulation could “save billions” and help European firms compete globally.
But critics — especially from the European Parliament’s progressive bloc — warn that the changes may weaken data protection and skew the balance in favour of big tech.
France and Germany have publicly supported the European Commission’s Digital Omnibus proposals, aiming to relax key parts of its AI Act and GDPR. The governments argue that simplifying regulation could “save billions” and help European firms compete globally.
But critics — especially from the European Parliament’s progressive bloc — warn that the changes may weaken data protection and skew the balance in favour of big tech.
Companies:
- Google
- Meta
- OpenAI
Tags:
- eu
- policy
- eu
- policy
- ai
- gdpr
- digital_omnibus