Why the EU can regulate big tech faster
By
Paddy Hirsch, Darian Woods, Corey Bridges, Kate Concannon |
Wednesday, July 17, 2024
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The Digital Markets Act is a new piece of European legislation aimed at making markets in the digital sector "fairer and more contestable." It's essentially antitrust regulation—rules to ensure that no one company or group of companies makes an area of business uncompetitive. And these rules are making some big companies sweat, not because they're afraid of monetary penalties, but because they could have an effect on antitrust regulations around the world.
Today on the show, we examine the differences between how the EU and the United States handle antitrust and what the Digital Markets Act could mean for big tech's regulatory future.
Related episodes:
EU leads the way on controlling big tech
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