This article is all over the place...
Contradicts itself in consecutive paragraphs.
"These, .. are intended as much as a chance for the EU to flex its regulatory muscles as to reign in the worst excesses of the American companies that dominate today's consumer-facing World Wide Web.
Both Facebook and Twitter have been dogged by scandal after scandal in recent years, including serving as platforms for Russian disinformation campaigns during last year's US elections."
Personally, I believe that compelling companies to be responsible for their content, and to pay tax on profits made in the EU is a good thing.