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Europe stunned the world with its ‘regulatory tsunami' this year—but AI and Trump will add new snags in 2025 [Yahoo! Finance]
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Then, Europe turned everything upside down. Nearly every sprawling tech empire entered the European Union's line of fire in 2024. Its regulatory clampdown ended an era of unfettered growth, forcing them to mend their ways or face millions (or billions) in punitive charges. Technically, the EU's Digital Markets Act (DMA) and Digital Services Act (DSA) kicked in 2022, although companies were given until earlier this year to comply. Once that deadline was lifted, it was time for action—and the EU spared little time. The DMA labeled the U.S.'s biggest (and the world's biggest) tech companies as “gatekeepers” who must be subject to strict competition rules. Apple and Meta have been fined €1.8 billion and €800 million, respectively, as the EU ramps up its policing of too-big-to-crackdown-on tech firms. In another antitrust case, Google was fined by the EU's Court of Justice for nudging its own shopping recommendations to users, giving it an unfair advantage. The EU has also threat
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