The EU's Digital Markets Act: Tech Giants Face Government Micromanagement
The EU's Digital Markets Act, now in force, poses a significant challenge for big tech companies as they grapple with technical changes to comply with new regulations. The act seeks to open up tech platforms and increase user choice, leading to deep apprehension in Silicon Valley. Apple and Google are among the companies facing challenges in redesigning their services to comply with the act. While the regulation aims to enhance user choice, it is met with skepticism regarding its potential impact and the complexity of technical compromises. The new rules are likely to lead to an increase in choice screens and consent boxes, although their effectiveness in countering the dominance of tech giants remains uncertain. The fierce battle between regulators and tech giants is set to continue, raising questions about the future of tech products and services in Europe.