Giant 7 technology companies such as Google, Apple and Amazon have announced that they will comply with the heavy responsibilities to be implemented under the EU’s new Digital Markets Law.
Continuing to set new rules in the technology sector, the European Union imposed great responsibilities on giant companies with the “Digital Markets Law (DMA)” adopted in November. Companies with more than 45 million active users and a market capitalization of more than 75 billion euros, ‘gatekeeper‘ would be considered.
All names defined as Gatekeeper would make the messaging applications on their smartphones compatible with their competitors and leave the users to choose which applications to come pre-installed on the phones. Today, like Apple and Google from 7 giant companies A joint decision was reached on the issue.
7 giant companies will comply with EU laws:
Amazon, Apple, Google, Meta, Microsoft, Samsung and ByteDance to meet the new criteria shared. The information was shared by European Union 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 gatewayIt was stated that it did not meet the general requirements within the scope of the rule requiring
The EU Commission will make a final decision on the “gatekeeper” definition of companies on 6 September. After this decision, companies are required to comply with the law. 6 months will be offered. Any company that does not comply with the law can be fined up to 10% of their annual global turnover.
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Source :
https://www.reuters.com/technology/amazon-google-apple-meta-microsoft-say-they-meet-eu-gatekeeper-status-2023-07-04/