Skip to main content

EU’s new attack on big tech risks becoming ‘missed opportunity’


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,…

This story continues at The Next Web https://ift.tt/3oOnLTB
Read full article: The Next Web

Comments

What's new?

Popular posts from this blog

Lucid Motors replaces its CFO and overhauls its entire leadership team as new CEO reshapes the company

Lucid Motors said on Thursday that its chief financial officer, Taoufiq Boussaid, will be leaving the company, the latest in a series of leadership changes under new CEO Silvio Napoli. Alexander De Bock, a veteran automotive finance executive who previously served as CFO of TI Automotive, will replace Boussaid after a transition period that will […] This story continues at The Next Web https://ift.tt/ivLHVb6 Read full article: The Next Web