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One year in, EU turning up heat in big tech fight

Economic TimesEconomic Times · 3m
One year in, EU turning up heat in big tech fight

The European Union's aggressive pursuit of Big Tech continues in 2024 with the implementation of tough regulations and new legal powers. The Digital Services Act (DSA) and the Digital Markets Act (DMA) are the two laws driving these efforts. The EU has already achieved notable victories, such as forcing TikTok to remove an addictive feature and pressuring Apple to back down in a dispute with Epic Games. Companies like Apple and former Twitter (now called X) are facing scrutiny and potential fines for violating the DMA. The EU's actions signal that it is ready for a fight and aims to curtail competition investigations to a maximum of 12 months. However, legal battles and uncertainty remain as companies can challenge fines and decisions in EU courts.

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