Some of the world’s biggest tech companies and more than 20 of their services will have to meet obligations under new EU laws that will force the likes of Apple and Google to overhaul how they do business and generate billions of euros in revenues.
Amazon’s marketplace, Apple’s AppStore, Meta’s WhatsApp, Facebook and Instagram and Google’s Search and YouTube are among the extensive list of services that will have to comply with obligations aimed at enabling greater competition for the sector in Europe.
A total of six companies, including Microsoft and TikTok, will have to comply with stipulations imposed by the new Digital Markets Act, which include sharing data with rivals, making their services interoperable with rival apps and linking to competitors.