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7 giant tech companies have announced that they will meet the EU’s heavy responsibilities

  • July 4, 2023
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The European Union continued to set new rules in the technology sector, placing huge responsibilities on giant corporations with the “Digital Markets Law (DMA)”, which was passed in

7 giant tech companies have announced that they will meet the EU’s heavy responsibilities

The European Union continued to set new rules in the technology sector, placing huge responsibilities on giant corporations with the “Digital Markets Law (DMA)”, which was passed in November. Companies with more than 45 million active users and a market capitalization of more than 75 billion euros’gatekeeper‘ would be considered.

Any names defined as Gatekeeper would make the messaging applications on their smartphones compatible with their competitors and let the users choose which applications come pre-installed on the phones. Today, like Apple and Google of 7 giant companies A joint decision has been taken on this.

7 giant companies will comply with EU law:

law on digital markets

Amazon, Apple, Google, Meta, Microsoft, Samsung and ByteDance to meet the new criteria shared. The information was shared by EU Commissioner Thierry Breton.

But ByteDance, the owner of social media giant TikTok, shed light on whether it should be on the list. Despite meeting TikTok’s DMA criteria, “between consumers and businesses within the European Union”a built-in portIt was stated that it did not meet the general requirements within the scope of the rule requirements

The European Commission will take a final decision on September 6 on the definition of “gatekeeper” of companies. After this decision, companies are obliged to comply with the law. 6 months is offered. Any company that does not comply with the law can be fined up to 10% of its annual global turnover.

Source: Web Tekno

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