Tag: GAFAM

'GAFAM' tech giants, ByteDance and Samsung expect to face EU's rebooted antitrust regime
Technology

‘GAFAM’ tech giants, ByteDance and Samsung expect to face EU’s rebooted antitrust regime

Written by:Staff ReporterPosted on:

[ad_1] Seven tech giants have informed the European Union that its rebooted antitrust regime — the Digital Markets Act (DMA) — will apply to them. The initial seven, the majority of whom are US-based giants, are: Alphabet (Google), Amazon, Apple, ByteDance (TikTok), Meta (Facebook), Microsoft and Samsung. The DMA takes an ex ante approach to antitrust enforcement on major platforms that act as intermediaries between other digital businesses and consumers. It does this by laying…

"‘GAFAM’ tech giants, ByteDance and Samsung expect to face EU’s rebooted antitrust regime"