"Tomorrow, when Silicon Valley wakes up, its newest fracas with Europe will be well under way.
On Wednesday, European Commission Vice President Andrus Ansip is expected to reveal the “Digital Single Market” strategy, a legislative agenda to regulate Internet companies and to prime European firms to better compete with U.S. tech heavyweights. Basically, they’re trying to give homegrown firms a fighting chance against established American companies.
This is different than the European Union antitrust probes into Google, which launched last month. For one, it’s not about slapping wrists when a company crosses a line. Instead — and this is what U.S. tech companies fear — it’s a bid to move the entire line back.
Also, it’s not just Google. The regulation is likely to strike dominators like A…