Germany wants Big Tech to pay towards compliance costs of new digital law

BERLIN: Germany wants Big Tech companies Alphabet, Amazon, Apple, ByteDance, Meta Platforms and Microsoft to contribute towards the compliance costs of new European Union rules aimed at curbing their power, a senior German economy ministry official said on Thursday.

Sven Giegold, state secretary in charge of competition policy at Germany’s economy ministry, said such a move would help EU antitrust regulators better enforce the Digital Markets Act (DMA) which the six companies have to comply with on March 7.