EU's New Digital Markets Act Forces Big Tech to Open Up, Despite Privacy and Innovation Concerns
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DMA forces large platforms to give users more choices, rivals more chances to reach consumers. Companies must comply by May 1.
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Gatekeepers like Google, Apple, Meta, Microsoft announcing changes to comply, though some say DMA creates risks.
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Apple warns DMA compliance could reduce privacy, security; adds controls so users can choose default apps.
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TikTok owner ByteDance contesting gatekeeper label but updating globally to comply.
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Critics urge countries to carefully consider implications before copying EU regulations, which could hamper innovation.