The various investigations by the European Union are to be concluded within 12 months, after which the Commission will inform the companies of its findings and explain the measures it is considering taking.
Apple is reportedly complying with the European Union’s directive to open up its walled-garden app ecosystem in a move that could bring NFTs and Bitcoin to 1.2 billion iPhones.
The Digital Markets Act went into effect on November 1, but the European Union will give platform holders until the beginning of May 4, 2023, to comply.
The proposed Digital Markets Act aims to restrict large tech players from herding users towards dominant platforms, where users may have less privacy or control over their own data.
