It happened, after years of chin-wagging and back-and-forth and bad blood, it finally happened: the compliance date for the Digital Markets Act arrived on March 7th. From here on out, big tech needs to follow the regulations laid out by the EU — and this has the potential to usher in a sea change for the sector. While the rules laid down by the governing body are complex and multifaceted, the overall aim is pretty clear: to increase competition and break the monopoly of tech’s “gatekeepers.” These are defined by the EU as huge companies that have become core platforms,…
This story continues at The Next Web
Originally appeared here:
The EU’s DMA is a new take on tech regulation — but that doesn’t mean it’ll work