EU Cracks Down , on US Tech Giants.<br />EU Cracks Down , on US Tech Giants.<br />EU nations reached an agreement on March 24 about <br />best practices regarding the digital landscape. .<br />Known as the Digital Markets Act (DMA), the ruling lays out conditions to which the largest tech companies must now adhere.<br />The major U.S. tech companies — including Google, Amazon, Meta, Microsoft and Apple — are all affected by DMA.<br />EU leaders and lawmakers explained the purpose of DMA on social media.<br />What we want is simple: fair markets also in digital, Margrethe Vestager, EU Antitrust Chief, <br />via Reuters.<br />Large gatekeeper platforms have prevented businesses and consumers from the benefit of competitive digital markets, Margrethe Vestager, EU Antitrust Chief, <br />via Reuters.<br />This means that the time of long antitrust cases, during which the authorities were lagging behind the big tech companies, is over, Andreas Schwab, EU Lawmaker, via Reuters.<br />Tech companies such as Apple responded to the landmark DMA ruling.<br />We remain concerned that some provisions of the DMA will create unnecessary privacy and security vulnerabilities for our users.., Apple, Statement, via Reuters.<br />... while others will prohibit us from charging for intellectual property in which we invest a great deal, Apple, Statement, via Reuters.<br />Google reiterated Apple's initial response to DMA.<br />While we support many <br />of the DMA's ambitions <br />around consumer choice <br />and interoperability, , Google, Statement, via Reuters.<br />... we're worried that some of these rules could reduce innovation and the choice available to Europeans. , Google, Statement, via Reuters
