The EUs Big Tech rulebook is shifting the digital economy, says Ribera
News Source : POLITICO.eu
News Summary
- European Competition Commissioner Teresa Ribera said the EU's Digital Markets Act has triggered shifts in how the European digital economy functions.
- The regulation aims to prevent "gatekeeper" firms, including Apple, Alphabet and Meta, from using their dominant positions to stifle competition from smaller players.
- The Commission has faced criticism for the speed of its investigation into Google’s search page setup from civil society organizations and third-party competitors.
- In February, the Trump administration ousted the Assistant Attorney General Gail Slater, the DoJ's lead on antitrust enforcement.
Riberas comments come as Brussels prepares for a formal review of the DMA to determine what is working and where the law may need to be reformed. The regulation aims to prevent gatekeeper firms, in [+1880 chars]
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