Apple demands EU repeal the Digital Markets Act

Apple has raised concerns about the European Union's (EU) Digital Markets Act (DMA), which aims to regulate the practices of large technology companies. The DMA requires these companies to allow users to freely choose their preferred software and services, including web browsers and payment systems. Apple has argued that the DMA could compromise the security and privacy of its devices and services, which are central to the company's business model. The EU, however, has firmly stated that compliance with the DMA is not optional, but an obligation for companies like Apple. The DMA is part of the EU's broader efforts to curb the market dominance of tech giants and promote competition. It introduces a set of rules and obligations for companies designated as "gatekeepers," which includes requirements around interoperability, data sharing, and restrictions on self-preferencing. As the implementation of the DMA approaches, Apple's concerns highlight the ongoing tensions between technology companies and regulators seeking to address the challenges posed by digital platforms in the modern economy.