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EU Banks Urged to Pool Buying Power in Deals With US Tech Giants

Bloomberg

BusinessBloomberg·Jul 10, 2026·1 min read

EU Banks Urged to Pool Buying Power in Deals With US Tech Giants

Banks and finance firms should combine their buying power to avoid losing out in negotiations with US tech giants, according to raft of Dutch proposals aimed at tackling Europe’s over-dependence on foreign providers of critical services such as AI and cloud computing.

View original source — Bloomberg ↗

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