The Digital Markets Act is a significant piece of legislation in the European Union. It aims to regulate large digital platforms. The Act promotes fair competition. It prevents monopolistic practices. Businesses must comply with new rules. The legislation seeks to protect consumers. It fosters innovation in the digital economy. This law has implications for tech companies operating in Europe.
Big Tech companies faced multiple antitrust investigations and regulatory actions worldwide in 2024. The United States, European Union, India, and South Korea intensified scrutiny over market dominance, data...
