EU targets Amazon, Microsoft cloud units for Big Tech 'gatekeeper' rules

The European Union is taking a significant step to regulate the tech giants by targeting Amazon's AWS and Microsoft's Azure under its new Digital Markets Act (DMA). This move aims to ensure interoperability, data portability, and prevent self-preferencing practices that could stifle competition. The implications are vast, as it could reshape how cloud services operate and open the door for smaller companies to compete more effectively. This regulatory push underscores the EU's commitment to maintaining a fair digital marketplace and curbing the dominance of large tech firms.