What the EU Digital Markets Act means for U.S. tech giants like Apple

News Snapshot:

The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone with an EU flag pictured in the background. Justin Tallis | AFP via Getty Images An EU law that seeks to rein in large digital companies has officially kicked in, spelling big changes for primarily U.S. tech giants. The European Union's landmark Digital Markets Act officially became enforceable on Thursday. That means the European Commission, the EU executive arm, can start taking action against companies that breach the rules. The Digital Markets Act aims to clamp down on anti-competitive practices from tech players, as well as...