EU targets Apple, Amazon, Meta and other Big Tech in next phase of digital crackdown

By KELVIN CHAN
AP Business Writer

LONDON (AP) — The European Union is targeting six Big Tech companies including Amazon, Apple and Microsoft under new digital rules aimed at reining in the market power of online companies. Google parent Alphabet, Facebook owner Meta and TikTok parent ByteDance also were classified as online “gatekeepers” subject to the strictest requirements of the 27-nation EU’s Digital Markets Act. The act amounts to a list of do’s and don’ts that seeks to prevent tech giants from cornering new digital markets. The EU’s executive commission says digital platforms can be listed as gatekeepers if they act as key gateways between businesses and consumers by providing “core platform services.”