Tech Giants Race to Comply with EU Digital Markets Act Amid Regulatory Scrutiny
Key Points: Major tech companies, including Google, Apple, Amazon, Microsoft, Meta, and ByteDance, strive to comply with the EU's DMA before the Thursday deadline. Meta's data-sharing consent announcement and Microsoft, Amazon, and ByteDance may face less immediate scrutiny as regulators focus on specific cases. Concerns have been raised by some of the big six companies regarding the fairness of playing by DMA rules while rivals may not comply. Failure to comply with EU Digital Markets Act regulations could result in investigations and fines of up to 10% of the tech giant's global turnover. Major tech players, including Google, Apple, Amazon,...