Privacy news and discussion related to European countries and the European Union (EU). We think of /r/Europrivacy as /r/privacy's Eurocentric little brother.
How the Digital Markets Act (DMA) Will Impact European Digital Markets
Digital Markets Act (DMA) intends to ensure a higher degree of competition in European digital markets by preventing large companies from abusing their market power and by allowing new players to enter the market. It imposes new responsibilities on monopolistic tech giants, including sharing data, establishing links with competitors and making their services interoperable with rival applications. etc.
However, despite the long-term antitrust laws implemented in Europe, FAANG still has a monopoly position in Europe. It remains to be seen what role the bill will ultimately play, especially whether European countries can truly curb the absolute influence of American technology giants in Europe based on the bill. That's the crux of the matter.
In a word, it remains to be seen whether a bill will actually prevent US tech giants from thriving in Europe.
What are your views on this matter? Let me know.