It will be months, if not years, before the usefulness and the unintended consequences of the EU legislation will become clear, but already the DMA has forced tech giants, from Alphabet to TikTok, to change how they operate in the EU or face the threat of hefty fines. First-time DMA offenders can be penalized up to 10 percent of their company’s total worldwide turnover.
Source: Europe Enters New Era of Tech Regulation With Digital Markets Act