The huge tech companies Alphabet, Amazon, Apple, ByteDance, Meta and Microsoft have been designated as “gatekeepers” under the EU's newly enacted Digital Markets Act (DMA). This legislation aims to control tech sector overreach and enhance competition within internet services.
Consequently, these corporations will face heightened competition regulations in relation to their key services, including search engines, web browsers, advertising platforms and social media applications. They are required to align their platforms with the new rules by March 2024.
