The global battle among the three dominant digital powers—the United States, China, and the European Union—is intensifying. All three regimes are racing to regulate tech companies, with each advancing a competing vision for the digital economy while attempting to expand its sphere of influence in the digital world. Each digital empire is advancing a competing vision for the digital economy while attempting to expand its sphere of influence in the digital world. Which digital empire will prevail in the contest for global influence remains an open question, yet their contrasting strategies are increasingly clear. In the midst of these unfolding regulatory battles, governments, tech companies, and digital citizens are making important choices that will shape the future ethos of the digital society.

Digital empires: the global battle to regulate technology (bruegel.org)