The Digital Markets Act Comes into Effect - What Does It Change?
The article discusses the implementation of the Digital Markets Act (DMA), which aims to regulate major online platforms in Europe. This recently adopted legislation is designed to ensure fair competition and protect consumers from monopolistic practices. A key aspect of the DMA is that it forces large platforms, such as Google and Facebook, to open their services to smaller companies and innovative solutions. The rules are now in full effect, meaning that platforms must adapt to new regulations immediately. The article also highlights the significance of this act for user privacy and data protection online, which could affect how consumers engage with digital services. Additionally, the article notes that the implications of the DMA will have wide-ranging effects on the internet market and technological innovations within the EU.