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March 24, 2022 11:18 pm
Original Link: https://www.theverge.com/2022/3/24/22994234/eu-antitrust-legislation-dma-digital-markets-act-details
EU targets Big Tech with sweeping new antitrust legislation
The EU has unveiled its biggest ever legislative effort to balance competition in the tech world. The new Digital Markets Act, or DMA, is intended to rein in the power of the largest tech corporations and allow smaller entities to compete with the mostly US-based firms. So far, the EU has tackled antitrust issues on a case-by-case basis, but the DMA is intended to introduce sweeping reforms that will address systemic issues in the whole market.
Today’s announcement targets interoperability of messaging apps like WhatsApp, Facebook Messenger, and iMessage, with the EU saying that vendors will have to “open up and interoperate with smaller messaging platforms, if they so request.” The EU says that this should give users more choice in how...
Original Link: https://www.theverge.com/2022/3/24/22994234/eu-antitrust-legislation-dma-digital-markets-act-details
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