EU Tech Overhaul: Alphabet, Meta, Amazon, Microsoft to Avoid Binding Obligations

• Alphabet, Meta, Netflix, Microsoft, and Amazon will not face heavy-handed regulation under the EU's new Digital Networks Act (DNA).
• The European Commission opted for a voluntary framework for tech giants, despite pressure from telecommunications providers.
• EU tech chief Henna Virkkunen will present the DNA on January 20, aiming to boost European competitiveness and telecom investment.
• The act will address spectrum licensing across the 27-country bloc, guiding national regulators on auctions and conditions.
• Guidance for fiber infrastructure rollout is included, allowing member states extensions beyond 2030 for copper network replacement.

Why It Matters: EU's new digital rules will not impose binding obligations on major tech companies, favoring a voluntary approach.