The ‘Digital Markets Act’ (DMA) has sped through the bloc’s legislative procedures and is designed to protect consumers and give rivals a better chance to survive against the world’s powerful tech juggernauts. — AFP
BRUSSELS: Negotiators from the European Parliament and EU member states agreed Thursday on a landmark law to curb the market dominance of US big tech giants such as Google, Meta, Amazon and Apple.
Meeting in Brussels the lawmakers nailed down a long list of do’s and don’ts that will single out the world’s most iconic web giants as Internet “gatekeepers” subject to special rules.
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