...Rising Monetization + Data Collection = Drives Regulatory Scrutiny Data / Privacy Competition The European Data Protection Regulation will be Commission fines Google €2.42 billion for abusing applicable as of May 25th, 2018 in all member states dominance as search engine by giving illegal to harmonize data privacy laws across Europe. advantage to its own comparison shopping service. - European Union, 5/18 - European Commission, 6/17 Facebook’s collection & use of data from Commission approves acquisition of LinkedIn by third-party sources is abusive. Microsoft, subject to conditions. - German Federal Cartel Office, 12/17 - European Commission, 12/16 Safety / Content Taxes The Germany Network Enforcement Act will require Commissionfinds Luxembourg gave illegal tax for-profit social networks with >2MM registered benefits to Amazon worth around €250 million. users in Germany to remove unlawful content - European Commission, 10/17 within 24 hours of receiving a complaint. - German Federal Ministry of Justice & Consumer Protection, 10/17 Source: European Union (5/18), European Commission (6/17, 10/17, 33 12/16), Bundeskartellmt (German Competition Authority (12/17). German Federal Ministry of Justice and Consumer Protection (10/17).