The EU’s DMA is a new take on tech regulation — but that doesn’t mean it’ll work

It happened, after years of chin-wagging and back-and-forth and bad blood, it finally happened: the compliance date for the Digital Markets Act arrived on March 7th. From here on out, big tech needs to follow the regulations laid out by the EU — and this has the potential to usher in a sea change for the sector. While the rules laid down by the governing body are complex and multifaceted, the overall aim is pretty clear: to increase competition and break the monopoly of tech’s “gatekeepers.” These are defined by the EU as huge companies that have become core platforms,…

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