Connect with us

Hi, what are you looking for?

Fibonacci Tech News

Experts fear the DMA won’t change the status quo

Cath Virginia / The Verge

The European Union is attempting to loosen the grip that companies like Apple, Microsoft, and Google have over the digital economy. Tech giants targeted by the Digital Markets Act (DMA) — a law passed in 2022 aiming to make the tech industry less monopolistic — are required to remove unfair competitive advantages that have let them dominate their respective markets by March 6th.

But some experts believe the status quo is unlikely to shift. Many of these companies have announced compliance plans in response to the DMA, and for the most part, these changes — as one might expect from a plan crafted by the company itself — are unlikely to result in a loss of power. And then there’s Apple, which appears to be engaging in outright malicious…

Continue reading…

You May Also Like

Fibonacci Stock News

In the previous technical note, it was categorically mentioned that while the markets may attempt to inch higher, they may not form anything beyond...

Fibonacci Investing News

Chris Edwards Many American cities need more low‐​income housing, but governments reduce supply and raise construction costs with regulations, taxes, and bureaucracy. The Wall...

Fibonacci Tech News

Illustration by Alex Castro / The Verge The question of who gets to regulate crypto has some answers, as a judge has ruled the...

Fibonacci Tech News

Image: Brazil Climate Summit At the moment I arrived at the Brazil Climate Summit event, it felt like home to me. As I opened...