New EU rules regulating US tech giants likely to set global standard

The Digital Markets Act (DMA) sets out a list of dos and don'ts targeting each tech giant's core business practices

Landmark EU rules targeting Alphabet unit Google, Amazon, Apple, Meta, and Microsoft are likely to set a global benchmark and may even force the tech giants to be more innovative, lawyers and experts said.

Europe’s antitrust chief Margrethe Vestager has won backing from European Union members and EU lawmakers for her proposal, the Digital Markets Act (DMA), to rein in the powers of the tech giants via legislation for the first time, rather than lengthy antitrust probe.

The DMA sets out a list of dos and don'ts targeting each tech giant's core business practices. “DMA is here to stay and will be