EU Cracks Down on Tech Giants with Stringent New Regulations

The European Union (EU) has taken a bold step towards reining in the power of big tech companies by implementing a comprehensive set of regulations known as the Digital Markets Act (DMA). These new rules aim to foster a more competitive and innovative digital market while protecting consumers and businesses from potential abuses..

**DMA’s Key Provisions**.

The DMA introduces several key provisions that directly impact the operations of large online platforms, including:.

– **Gatekeeper Designation:** Companies that meet specific criteria, such as having a significant market share and providing core platform services (e.g., search engines, social media, messaging apps), are designated as .

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