EU targets big tech with new Digital Markets Act
Members of the European Union have confirmed the rules that will make up the new Digital Markets Act (DMA). The legislation is intended to rein in the power of large tech corporations such as Apple, Amazon, Google and Meta, forcing them to change how they integrate digital services and handle customer data.
In a press conference held early on Friday morning, Margrethe Vestager, the European Commission executive vice-president and commissioner for competition, said she expects the DMA to come into force “sometime in October.”