A more cynical version. This will go nowhere after the Conservative party in the UK receives a number of large political donations from business leaders who do not work for Apple and Google, but do play golf with them.

The UK wants to show it has teeth post Brexit, but will find out shortly it can't tackle FAANG without broad political support from other countries.

This is what they said about GDPR, and yet here we are. The UK may not have the heavyweight political importance that the EU has, but it's a key market; we can only hope things change because as they stand it's only going to get worse and worse.