European Commission Executive Vice President Margrethe Vestager shot down the idea of the draft Digital Markets Act only targeting U.S. companies, Financial Times reports. Vestager said the DMA focuses on larger technology companies' dominance over smaller entities. "The [DMA] is not directed toward certain businesses or toward certain nationalities of businesses,” Vestager said. “What we have been developing while trying to figure out who should be in the scope and who should be a possible gatekeeper, it has been about the market effects."
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