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European Union lawmakers recently unveiled the Digital Markets Act, which aims to limit the power of “gatekeepers” — companies so big and popular that they shape entire industries — like the tech companies behind messaging apps. One rule would require that apps be “interoperable” with one another, so a startup, for instance, could let its users send messages to people using Apple’s iMessage or Meta’s WhatsApp seamlessly. Companies that don’t comply would face steep penalties — up to 20% of their global revenue. Alex Heath covers tech and internet platforms at The Verge. He laid out some of the pros and cons of the proposal.
By Marketplace4.4
7777 ratings
European Union lawmakers recently unveiled the Digital Markets Act, which aims to limit the power of “gatekeepers” — companies so big and popular that they shape entire industries — like the tech companies behind messaging apps. One rule would require that apps be “interoperable” with one another, so a startup, for instance, could let its users send messages to people using Apple’s iMessage or Meta’s WhatsApp seamlessly. Companies that don’t comply would face steep penalties — up to 20% of their global revenue. Alex Heath covers tech and internet platforms at The Verge. He laid out some of the pros and cons of the proposal.

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