The Digital Markets Act and Digital Services Act focused on Big Tech are coming to the European Union soon. Here's how they will affect Apple and other Silicon Valley tech giants.
Earlier in July, the European Parliament agreed on two new sweeping legislative packages — the Digital Markets Act and the Digital Services Act — that would introduce a slew of antitrust regulations in the EU. The regulations are tailor-made to rein in the power of tech giants like Apple, Google, Meta, and Amazon.
Although it isn't exactly clear how tech companies will comply with the regulations, they do outline some strict behaviors and punishments for noncompliance.
Digital Markets Act
The Digital Markets Act (DMA) is a proposal intended to place additional restrictions and mandate new frameworks for digital service "gatekeepers."
Although the DMA doesn't explicitly name Apple or any other tech giant, they will fall into the category of "gatekeepers" because of their ownership and operation of platforms with many users, their annual revenue in the European Union, and their "entrenched and durable position." The DMA will outline new obligations for "gatekeepers," as well as punishments if they don't adhere to the new regulations.
Some of the provisions of the DMA, for example, will force Apple to:
