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Ministers from EU countries have approved the Digital Markets Act (DMA), clearing the last hurdle before the rules become final. The DMA is a vital set of obligations and prohibitions for Big Tech companies to ensure they do not stifle innovative competitors or use unfair business practices. The rules will create fairer and more competitive digital markets and give consumers greater choice and protection, for example over which apps and services they use.
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The EU institutions last night struck a major deal to regulate Big Tech through the Digital Markets Act (DMA) which should greatly benefit consumers by creating fairer and more competitive digital markets.
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The European Commission’s proposal published today to set up new rules on data-sharing, including conditions and protections on data portability and accessibility, is essential to consumers.
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