international

EU Parliament Approves New Digital Regulation to Curb Big Tech Power

Summary

The European Parliament voted today to approve the Digital Markets Act, aiming to restrict the dominance of major tech companies across the EU. The law targets unfair practices by

The European Parliament voted today to approve the Digital Markets Act, aiming to restrict the dominance of major tech companies across the EU. The law targets unfair practices by firms like Google and Meta, enforcing transparency and competition. It includes fines up to 10% of global turnover for violations. The regulation is set to take effect later this year, impacting millions of users and businesses. According to Reuters, this move is part of the EU’s broader strategy to regulate digital markets and protect consumers. Lawmakers emphasized the need to balance innovation with fair competition in the digital economy.
2h ago
EU Parliament Approves New Digital Regulation to Curb Big Tech Power

Ayurveda Health Tips

Ancient Wisdom for Modern Life

View All

Trending News

Stay informed with the latest updates across categories

Tech

6 articles

Quick Updates

Never Miss a Story

Get the latest news and updates delivered to your feed

Explore All News