The world’s most sweeping tech regulation is now in place with the enactment of the European Commission’s Digital Market Act.
is now in place with the enactment of the European Commission’s Digital Market Act. U.S.-based tech giants are still trying to understand how to comply with the new rules, which took effect March 6, and European consumers are already feeling the effects.describes the DMA’s aim as making “digital markets in the EU more contestable and fairer.
“The big difference is that the DMA replaces antitrust enforcement with upfront regulation. It sets up the European Commission as a full-time, old-school regulator,” the executive editor of Platform Economy Insights, Brian Bieron, told theThe DMA makes Europe the most aggressive regulator of digital markets, along with its companion effort, the Digital Services Act.
A TikTok sign hangs on their building in Culver City, Calif., on March 11, 2024. Apple will now have to allow so-called sideloading of apps from third-party app stores on its devices, something it doesn’t permit stateside. DMA supporters claim this allows smaller competitors more access to users and more choice for consumers. “Apple claims that this increases privacy and security risks and will not allow it elsewhere,” Bieron notes.
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