BRUSSELS (Reuters) – Tough new rules targeting U.S. tech giants agreed late on Thursday evening are expected to come into force in October, EU antitrust chief Margrethe Vestager said on Friday, just over a year after she had proposed them.
The rules called the Digital Markets Act sets out a list of dos and don’ts for Amazon, Apple, Meta, Alphabet unit Google and Microsoft, with fines for violations as much as 20% of their annual global turnover.
(Reporting by Foo Yun Chee)
