Daily News

EU official: Digital Markets Act will hit U.S., EU, Chinese companies

June 23, 2022 at 11:38 AM
The European Commission expects 10-15 companies to fall under the scope of its “Digital Markets Act,” an EU official said on Wednesday, and an internal analysis shows those countries are based in the U.S., EU, China and other countries. U.S. business groups have criticized the Digital Markets Act as a thinly veiled protectionist effort to target major U.S. companies. And the Office of the U.S. Trade Representative, in its latest annual report on foreign trade barriers, flagged the DMA as...

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