The Digital Markets Act (DMA) is the European Union’s law to make the markets in the digital sector fairer and more contestable.
It is one of the most comprehensive regulatory actions to rein in so-called “Big Tech” like Google, Apple, Amazon, Microsoft, Meta, Tik Tok etc.
The DMA is one of the first regulatory tools to comprehensively regulate the gatekeeper power of the largest digital companies.
The Act establishes a set of clearly defined objective criteria to identify “gatekeepers” which are large digital platforms.
If any of the six tech giants are not compliant with the Digital Markets Act (DMA) by the EU’s deadline, they could face fines up to 10% of their global turnover.