The 27 European Union members are determined to cut their dependence on American big technology companies - especially those in social media.
It will impose a combination of competition and tougher regulations.
France President Emmanuel Macron said Tuesday the EU would more aggressively assert its "digital sovereignty" with new rules governing digital markets, cloud services and other services.
The EU's rules governing and regulating the continent's digital markets and services will have consequences for Google, Facebook, Twitter and other big technology companies.
Digital sovereignty is an integral concept in the EU's push to become a technology powerhouse rivaling the U.S.
Macron insists Europe must preserve its digital sovereignty in the face of market dominance by American and China technology companies. He said there needed to be a "European solution and European sovereignty."
"We need European financing, European solutions, European talents, European regulations," Macron said in a conversation with Niklas Zennström, the Sweden billionaire who jointly founded Skype.
There must be more EU integration on startup financing. There must also be an EU "digital single market" promoting privacy and innovation. Europe must reduce its reliance on U.S. companies for cloud and data products.
Six of the 10 biggest tech companies in the world are American. No European company makes the list.
"We have regulation...but we don't have the equivalent of these very, very large caps," Macron said. He did say digital companies have contributed to a "big transformation" in society.
