Big Tech goes from 'teenager' to 'grown-up' under landmark EU law. Here's what you need to know
Publishing timestamp: 2024-03-07 08:10:59
Summary
The EU Digital Markets Act is now enforceable, giving the European Commission new powers to regulate Big Tech companies. The law aims to prevent anti-competitive practices and force tech giants to open up their services to competitors. U.S. tech companies like Google, Apple, Meta, and Microsoft are facing strict regulations, fines, and changes to their platforms in the EU. The law could inspire similar changes in other countries and impact how tech firms operate globally.
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