EU details the tech megacorps to be regulated under the Digital Markets Act

The European Union has finalised who and what will be regulated under their revolutionary Digital Markets Act. Alphabet, Amazon, Apple, ByteDance, Meta, Microsoft and Samsung are designated as "gatekeepers", with many of their products (aka "core services") requiring significant changes to meet the EU's laws. They have six months to comply or face severe fines of "up to 10% of the company's total worldwide turnover, which can go up to 20% in case of repeated infringement" and "obliging a gatekeeper to sell a business or parts of it or banning the gatekeeper from acquisitions of additional services related to the systemic non-compliance". Apple and Microsoft however have complained, saying that Bing, Edge and iMessage don't qualify to be regulated. Something about not having a big enough market share in the EU to justify it.