Reported about 1 month ago
The nominee for the EU's next antitrust chief, Teresa Ribera, has committed to enhancing the European Union's efforts to regulate Big Tech and curb unfair foreign subsidies. Ribera aims to strengthen enforcement of the Digital Markets Act (DMA), which mandates easier consumer choices among tech services and targets major firms like Alphabet and Apple as 'gatekeepers.' She emphasizes the need for quicker antitrust investigations and protection for smaller businesses against competitive threats, while also advocating for reforms in state aid and foreign subsidies regulation to combat unfair competition, particularly from subsidized Chinese firms.
Source: YAHOO