EU’s new digital market rules target Meta, Google, 4 more tech giants

By Ioanna Lykiardopoulou

The European Commission has named today six tech giants whose market power it aims to control through its Digital Markets Act (DMA) — a landmark pro-competition regulation, designed to ensure a fair and open digital market for both companies and consumers. The six companies are designated as “gatekeepers” of the EU’s digital market. This means that their core platform services: are active in at least three member states; gather over 45 million end users per month and more than 10,000 business users per year; and have an annual turnover of at least €7.5bn or a market capitalisation of at least…

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Source:: The Next Web