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The EU’s strictest-ever crackdown on big tech has only just begun, but critics fear it’s already missing the targets. Called the Digital Markets Act (DMA), the landmark law aims to curb the power of tech giants. Under the rules, the EU can designate companies that dominate a marketplace as “gatekeepers.” This forces them to make their services open to competitors. Whatsapp, for instance, has to become interoperable with third-party messaging services. Mobile operating systems, meanwhile, must provide access to alternative app stores. As the rules came into force today, the EU had designated six gatekeepers: Alphabet, Amazon, Apple, ByteDance, Meta,…
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Go Here to Read this Fast! EU’s new attack on big tech risks becoming ‘missed opportunity’
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EU’s new attack on big tech risks becoming ‘missed opportunity’
