Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

US Tech Giants Meet Gatekeeper Requirements in EU Regulation United States (U.S.) based tech giants Alphabet, Amazon, Apple, Meta Platforms, and Microsoft told the European Commission that they qualify as gatekeepers. In a Tuesday tweet, European Union Industry Chief Thierry Breton said Tiktok-owner ByteDance and South Korea’s Samsung also notified the commission about meeting the gatekeeper threshold. Under the European Union’s Digital Markets Act, online platforms will be designated gatekeepers if they have over 45 million monthly active users and 75 billion euros in market capitalization. Gatekeepers are subject to various obligations designed to ensure a fair business environment. The…

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