The EU’s Digital Market Act takes aim at Big Tech’s monopoly - The Fact Factory

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Thursday, 21 July 2022

The EU’s Digital Market Act takes aim at Big Tech’s monopoly


In a huge blow to Big Tech, the EU is stepping up to regulate these behemoths’ long-criticized, monopolist market strategies. On Monday, the European Council adopted the Digital Markets Act (DMA), a set of new rules to create fairer online competition. The act aims to establish a level digital playing field, by setting clear rights and rules for large online platforms (referred to as “gatekeepers”), making it more difficult for them to abuse their position. As per Ivan Bartoš, Deputy Prime Minister for Digitisation and Minister of Regional Development: Thanks to the DMA, we will ensure fair competition online, more convenience for consumers and…

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