As US prosecutors ramp up antitrust cases against Big Tech firms, the European Union is readying its own next wave of antitrust lawsuits. On Dec. 15, the bloc will formally begin considering the Digital Markets Act, which would give regulators new firepower to go after digital platforms for alleged anticompetitive practices.The new regulations take aim at “gatekeeper companies,” barring firms from using unfair tactics like giving their own products special treatment on platforms they control (???? Google and Apple) or using non-public data harvested from third-party sellers to inform their own competing product lines (???? Amazon). While the laws would likely keep corporate counsel at FAANG firm
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