A European Parliament lawmaker has stated that the EU's upcoming DMA will force Gatekeepers like Apple to change their Lucrative Business Model. "The European Parliament lawmaker Andreas Schwab, which is leading the file for the EU body, stated in his report that" The DMA should be clearly targeted to those platforms that play an unquestionable role as gatekeepers due to their size and their impact on the internal market. "
In his first public remarks on EU antitrust chief Margrethe Vestager's planned Digital Markets Act (DMA), Cook noted that certain sections were fine but others were not. He expressed concern that the proposed restrictions will lead to greater "side-loading," or the installation of apps that are not available through Apple's App Store.
Andreas Schwab, the EU legislator in charge of the European Parliament's review of the proposed guidelines, said earlier this month that he intended to tough up the legislation and limit it to just huge businesses like Google, Amazon, Apple, and Facebook.
The never-ending wave of attacks on U.S. tech companies comes at a time when the President of France has come out to announce an outline of an ambitious push for Europe to create 10 technology giants worth 100 billion euros ($ 121.26 billion) each in valuation by 2030, in a bid to rival U.S. companies that dominate the sector.
The goals are part of a Europe-wide initiative France is trying to lead to improve funding for start-ups, especially in their later stages of growth, to propel them into a bigger league.
To be clear, France's Macron stated at the same VivaTech event that whether to break up US tech giants was a legitimate question.
Cook stated that Apple would participate in the discussion and try to find a solution.
