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Y Combinator urges the White House to support Europe’s Digital Markets Act

TechCrunch LogoTechCrunch1d ago

Y Combinator urges the White House to support Europe’s Digital Markets Act - TechCrunch

Quick Summary:

Y Combinator, one of the world’s most prolific startup accelerators, sent a letter on Wednesday urging the Trump Administration to openly support Europe’s Digital Markets Act (DMA), a wide-ranging piece of legislation that aims to crack open Big Tech’s market power.

Lowe told TechCrunch last year during a StrictlyVC event that the DMA is “not perfect, but at least they’re taking a stab at figuring out how do we curb the most egregious forms of self-preferencing by these large firms.

The law became applicable in May 2023, and it’s already had a major impact on American tech companies.

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Article Details

Author / Journalist: Maxwell Zeff

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-13 @ 20:49:21 (1 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 633 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 26967956

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