As of today, Apple, Alphabet, Meta, Amazon, Microsoft and ByteDance, the six gatekeepers designated by the Commission in September 2023, have to fully comply with all obligations in the Digital Markets Act (DMA).
The DMA aims to make digital markets in the EU more contestable and fairer. It establishes new rules for 10 defined core platform services, such as search engines, online marketplaces, app stores, online advertising and messaging, and gives new rights to European businesses and end-users.
Amazing and terrifying that EU seems to be the only world government to actually stand up against this late stage capitalism dystopia.
These rules actually makes sense. They actually protect both consumers and other companies around the whole world. And most importantly; they tackle a real world problem head on.
that EU seems to be the only world government to actually stand up against this late stage capitalism dystopia
The EU isn’t a government, but I’ll allow it for now. :P
It is though. Has a Parliament and like three Presidents. Makes rules that are enforceable across member states (admittedly by proxy mechanisms). It has elections. Even a shared army.
What else does it need to qualify as a government?
In case of an infringement, the Commission can impose fines of up to 10% of the company’s total worldwide turnover, which can go up to 20% in case of repeated infringement.
Okay, this good! It seams like they’ve created a (very good) law and also a way to enforce it
