Friday, 16 August 2024

Margrethe Vestager, Big Tech's European nemesis, reportedly steps down later this year

Margrethe Vestager on Facebook
Vestager, who's been tough on the largest tech companies, is apparently stepping down this year.

Margrethe Vestager, the European Union's commissioner for competition, won't be back for a third term and will be stepping down this year. According to the Financial Times, the Danish government will be nominating a different candidate as EU commissioner after Vestager's political party didn't do well in the previous election. Vestager is known for being one of Europe's top antitrust authorities and has been been tough on big tech companies during her term. The market abuse cases she has filed over the years inspired the creation of the Digital Markets Act (DMA), which is a regulation meant to ensure that large companies don't abuse their market power.

Apple, Google, Meta and other big players in the industry have had to implement changes to how they conduct business after the DMA came into force. Google, for instance, said it will start displaying price comparison results in Search from external aggregators when looking up services, such as flights or hotels. It will be easier for Android users to change search engines, as well. Apple said it will let companies set up their own app stores for iOS, but it conjured its own stringent rules that developers will have to follow.


By Mariella Moon

Full story at Engadget.

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