EU lists Alphabet, Amazon, Meta and three other tech giants as ‘gatekeepers' under strict competition rules

The European Union on Tuesday unveiled a list of six designated “gatekeepers” set to come under its new Digital Markets Act.

The European Commission on Wednesday said it designated six tech giants as"gatekeepers" under its new Digital Markets Act — a strict set of rules set to shake up the business models' of large digital platforms.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

NBCNewYork /  🏆 270. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EU targets Apple, Amazon, Alphabet, ByteDance, Meta, Microsoft in next phase of digital crackdownThe European Union is targeting Apple, Amazon, Microsoft, Google parent Alphabet, Facebook owner Meta and TikTok parent ByteDance under new digital rules aimed at reining in the market power of online companies.
Read more »

EU targets Apple, Amazon, Alphabet, ByteDance, Meta, Microsoft in next phase of digital crackdownThe European Union is targeting Apple, Amazon, Microsoft, Google parent Alphabet, Facebook owner Meta and TikTok parent ByteDance under new digital rules aimed at reining in the market power of online companies.
Read more »

EU targets Apple, Amazon, Alphabet, ByteDance, Meta, Microsoft in next phase of digital crackdownThe European Union is targeting Apple, Amazon, Microsoft, Google parent Alphabet, Facebook owner Meta and TikTok parent ByteDance under new digital rules aimed at reining in the market power of online companies.
Read more »

EU targets Apple, Amazon, Alphabet, ByteDance, Meta, Microsoft in next phase of digital crackdownThe European Union on Wednesday targeted Apple, Amazon, Microsoft, Google parent Alphabet, Facebook owner Meta and TikTok parent ByteDance under new digital...
Read more »

Here are Tuesday's biggest analyst calls: Nvidia, Apple, Disney, Walmart, Lowe's, Alphabet & moreHere are the biggest calls on Wall Street on Tuesday.
Read more »

Alphabet Inc. Cl A stock underperforms Tuesday when compared to competitors despite daily gainsShares of Alphabet Inc. Cl A inched 0.08% higher to $135.77 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the...
Read more »