Margrethe Vestager's Departure Marks a Turning Point in Big Tech Regulation
Vestager's Impact on Big Tech Regulation
Margrethe Vestager, the European Union's competition commissioner, who has challenged big tech companies, is stepping down this year. With significant antitrust actions under her leadership, including the creation of the Digital Markets Act (DMA), her departure signals a potential change in how the EU will enforce competition laws.
Legacy of Tough Regulations
The DMA has compelled companies like Apple, Google, and Meta to alter their operations to avoid market abuse. For example, Google has adjusted its search functionalities and Apple will now allow alternative app stores on iOS, albeit under strict guidelines. Vestager's rigorous investigations into compliance highlight her uncompromising approach towards big tech's influence.
Future Implications
With Vestager's exit, the European Commission, led by Ursula von der Leyen, is preparing to appoint a successor. As interviews commence next week, the new commissioner's stance on big tech remains to be seen, but the potential for a shift in regulatory focus could have lasting implications for the tech industry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.