Financial Services Financial Services

Big Tech's banking moves raise worries over concentration, fragmentation

By Jack Schickler
  • 02 Feb 2021 11:26
  • 05 Feb 2021 08:43
EU financial regulators today started the ball rolling on how to regulate major digital platforms such as Google, Amazon.com or Facebook that provide financial services — citing concerns over financial stability, money laundering and consumer protection (see here). 
The size and potential diversity of Big Tech companies are raising alarm bells, in

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