Big Tech: Germany wants Big Tech to pay towards compliance costs of new digital law
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.Elevate Your Tech…