The powers of technology giants like Facebook owner Meta, Google, Amazon and Apple could be severely curbed as the European Union Council and European Parliament have reached a provisional politica…
The DMA, the process for which began some 16 months ago, defines clear rules governing large online platforms and aims to ensure that no large online platform that acts as a gatekeeper for a large number of users abuses its position to the detriment of other companies wishing to access such users.
Big Tech firms deemed “gatekeepers” can no longer rank their own products or services higher than those of others; reuse private data collected during a service for the purposes of another service; establish unfair conditions for business users; pre-install certain software applications; or require app developers to use certain services like payment systems or identity providers in order to be listed in app stores.
The wording of the DMA is being finalized and is subject to approval by the Council and the European Parliament. This is expected to be a formality — and the DMA is likely to become law by October of this year. The European Commission will be the sole enforcer of the regulation.
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