US May Follow EU in Crackdown on Gatekeeper Tech Companies
The US may soon follow the EU in cracking down on gatekeeper companies, as governments become increasingly wary of Big Tech. The EU introduced the Digital Markets Act (DMA) in late March, its most comprehensive attempt to rein in Big Tech’s power. Gatekeeper companies — companies that run a “platform,” have a market cap of at least $82 billion, and at least 45,000 active users — are especially addressed by the DMA. For example, the DMA would require messaging platforms to open up and work with smaller competitors, and could even force…
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