EU's attempt to crack down on big tech superiority

The European Union has decided to set tighter regulations on big tech giants such as Apple, Amazon, Google owner Alphabet, Meta Platforms, ByteDance and Microsoft by naming them digital "gatekeepers" under the bloc's Digital Markets Act (DMA).

As reported by Politico, regulators have also opened four investigations into Apple's iMessage service and Microsoft's Bing, Edge and Advertising businesses after the companies argued that they shouldn't qualify under the new rules.

According to the new regulations, companies that operate a “core platform service”, such as Google Search, will have to comply with the DMA by March 2024, which aims to halt Big Tech's ability to abuse their market power and make it easier for smaller players to operate online. Seven companies had already self-notified the Commission that they met the thresholds for gatekeeper status under the law.