BRUSSELS - European Union's antitrust chief, Margrethe Vestager, recently held meetings with top executives from major U.S. technology companies to discuss the implications of the Digital Markets Act (DMA) and other competitive practices. During her visit to the United States, Vestager engaged in conversations with Apple (NASDAQ:AAPL) CEO Tim Cook, Alphabet (NASDAQ:GOOGL) CEO Sundar Pichai, and Qualcomm (NASDAQ:QCOM) CEO Cristiano Amon.
In her meeting with Tim Cook, the discussion centered around the potential for third-party app distribution on Apple's platforms and the competitive practices of Apple Music. The exchange with Sundar Pichai focused on the design of choice screens, which are intended to give users more control over their default services, and Google's adtech competitiveness. These discussions are particularly relevant as the tech giants navigate the new regulations set forth by the DMA, which aims to ensure fair competition in the digital market.
Vestager highlighted the DMA's criteria for large companies, which includes having more than 45 million monthly users and a market capitalization of at least €75 billion. Companies meeting these criteria will be required to adhere to specific standards, such as ensuring interoperability for messaging apps, to foster a more competitive and open digital environment.
While the EU antitrust chief mentioned the importance of semiconductor chips in her conversation with Qualcomm's Cristiano Amon, the specifics of this discussion were not disclosed. The focus on chips underscores the critical role they play in the technology sector and the broader economy, especially given the recent global supply chain challenges.
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