European Union ushers in brave new world of Big Tech regulation

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The European Union has opened a new chapter in antitrust enforcement for the digital economy, adopting a raft of new rules designed to clamp down on abuses by some of the world’s largest tech firms.

In a deal brokered Thursday evening, officials from the EU Parliament, Council and Commission concluded 15 months of intense negotiations on a new rulebook for Big Tech giants operating in the European market, the Digital Markets Act.

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