Digital Markets Act: European Parliament ratifies landmark tech laws
Digital Markets Act
The European Parliament on Tuesday (July 5) ratified landmark laws aimed at regulating Big Tech. The Digital Markets Act (DMA) has been devised to curb the market dominance of US tech giants. With the introduction of these laws, the European Union seeks to curb illegal content online.
The final versions of the Digital Markets Act were approved by MEPs. It is focused on ending the monopolistic practices of tech giants. Meanwhile, the Digital Services Act (DSA) aims at toughening scrutiny and the consequences for platforms when they host banned content.
German MEP Andreas Schwab, a key backer of the laws, said: "With the legislative package, the European Parliament has ushered in a new era of tech regulation."
ALSO READ |Euro hits 20-year low against dollar after US hikes interest rate
The main aim of the Digital Markets Act is to protect consumers. The law will also give several opportunities to rivals so that they get a chance to survive against powerful tech firms. Overall, it contains about 20 rules.
It is learned that the DMA will have major consequences for Google, Meta and Apple.
&im=FitAndFill=(700,400))
National Handloom Day 2026: From Alia Bhatt to Samantha Ruth Prabhu; Actresses who celebrated India's textile heritage as brides
)
The Royals enter the Doctor Who universe: King Charles and Queen Camilla beam into Commonwealth Games in TARDIS
)
Unitree Robotics targets $9 billion valuation in landmark IPO backed by DeepSeek and Tencent
)
India names 27 sites in Arunachal Pradesh
)
Bharat Bhhagya Viddhaata OTT: When will Kangana Ranaut's film stream online?
&im=FitAndFill=(700,400))
How many soldiers operate one S-400 battery?
)
Shakib Al Hasan ready to return to Bangladesh—under one condition
)
‘Fake news’: MEA rejects report claiming India sought defence pact with Israel after Pakistan, Saudi Arabia, Turkey deal
)
Rockstar to unveil GTA 6 extended look ahead of November launch
)
Russia forms Ukrainian Volunteer Spetsnaz Brigade to fight Ukraine
)
Drug-resistant fungus that hides in hair and enters bloodstream reported in 23 US states
)
Technology transfer deal boosts India's defence manufacturing ambitions
)
Border row erupts in Europe after Ceuta crossings, Spain imposes border controls on Italy
)
Morale plummets on USS Abraham Lincoln: Are US sailors reaching a breaking point? | GRAVITAS
)
'Security can't be bought with Pakistan, Turkey deal': Iran tells Saudi Arabia
)
Baba Vanga's 2026 prophecy: 2 predictions 'already came true', 3 terrifying ones remain. Details inside
)
Colombia’s new president Abelardo de la Espriella vows to ‘defeat narco-terrorists’, signals hardline shift
&im=FitAndFill=(700,400))
New Friday OTT releases (August 7, 2026): Operation Safed Sagar, Vadhandhi, Main Vaapis Aaunga- 6 movies and TV shows on Netflix, Prime Video and more
)
Squadron Leader Bhawana Kanth scripts history as Indian Air Force gets its first woman ‘Top Gun’ pilot
)
RSS says Gen Z protests reflect genuine distress
)
Trump says Iranian school bombing photos could be AI-generated - 'I don’t think...'
)
IAF officer held for sharing sensitive information in 'honey trap' case, booked under Official Secrets Act
)
Stray Kids under scrutiny? Fans react to Grammy submission silence after BTS boycott
&im=FitAndFill=(700,400))
Why the Su-30MKI doesn't need external fuel tanks to fly vast distances
)
Jugal Hansraj reunites with Shekhar Kapur after 40 years for Masoom: The Next Generation
)
New speed limits, automatic challans: Big traffic change coming to Delhi-Meerut Expressway. All you need to know
)
India officially names 27 places in Arunachal to counter China's renaming claims
)
Trump calls White House ballroom ruling a 'national disgrace' as court says Congress approval needed
)
US sanctions Iran’s crypto network after Strait of Hormuz attacks, offers $15m bounty for intel on IRGC finance
&im=FitAndFill=(700,400))
Why the Su-30MKI is one of the heaviest fighters ever built
)
Uttarakhand young innovator builds India's own flying vehicle, conducts first test flight: WATCH
)
Chilling video shows students take cover as teen opens fire at Thai school
)
Reese Witherspoon's father hospitalised after poolside incident in Nashville: Report
In theEuropean Parliament, that text passed with 588 votes in favour and only 11 against. There were 31 abstentions.
ALSO READ |Russia claims Ukraine arms, supplied by the West, spreading to Middle East and black market
On the other hand, the DSA aims to ensure real consequences for companies that fall short of controlling hate speech, disinformation and child sexual abuse images.
DSA will target a wider range of internet actors.It was passed with 539 votes in favour and 54 against it. There were 30 abstentions.
Danish MEP Christel Schaldemose said that the digitalworld "has developed a bit like a western movie, there were no real rules of the game, but now there is a new sheriff in town."
What looks like a mere formality, both laws now require the final approval of the EU's 27 member states.
WATCH WION LIVE HERE
You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.