Global regulators in a race to scrutinise, curb power of Silicon Valley

French govt officials said they plan to give regulators there sweeping power to fine large social-media companies like Facebook if they don't adequately remove hateful content.

Governments are in a global race to scrutinise Silicon Valley, creating a broad regulatory wave aimed at curbing the power of a small group of American tech giants.

French government officials said Friday they plan to give regulators there sweeping power to audit and fine large social-media companies like Facebook Inc. if they don’t adequately remove hateful content. Competition authorities in India, meanwhile, have launched a probe into whether Alphabet  Inc.’s Google uses its mobile operating system to block rivals.
 

The dual efforts are the latest in a series of increasingly aggressive probes and tough new regulations around the world