European Union Digital Markets Act

The European Union Digital Markets Act (DMA) aims to promote fair competition in the digital market by regulating large tech companies, often referred to as "gatekeepers." These companies have significant power over online platforms and must follow specific rules to ensure that smaller businesses can compete. The DMA addresses issues like unfair practices, data sharing, and interoperability, making it easier for consumers to switch services and access diverse options. Ultimately, the act seeks to create a more open and equitable digital environment, benefiting both consumers and businesses within the EU.