EU negotiators agree landmark law to curb Big Tech – WION

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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

Negotiators from the European Parliament and EU member states agreed on 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.

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.

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“The agreement ushers in a new era of tech regulation worldwide,” said German…

Read Full Story: https://www.wionews.com/technology/eu-negotiators-agree-landmark-law-to-curb-big-tech-465332

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source: https://news.oneseocompany.com/2022/03/25/eu-negotiators-agree-landmark-law-to-curb-big-tech-wion_2022032516750.html

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