FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium May 5, 2021. REUTERS/Yves Herman
March 24, 2022
BRUSSELS (Reuters) – EU countries and EU lawmakers on Thursday reached a deal on landmark rules to curb the power of Alphabet’s Google, Amazon, Apple, Facebook and Microsoft.
France, which currently holds the rotating EU presidency, said in a tweet that there was agreement. EU industry chief Thierry Breton also confirmed in a tweet.
Proposed by EU antitrust chief Margrethe Vestager just over a year ago in response to the slow pace of competition investigations, the Digital Markets Act (DMA) sets out a list of dos and don’ts for online gatekeepers that control data and access to their platforms.
(Reporting by Foo Yun Chee)
Source: One America News Network
