The European Union has enacted a new law for companies such as the US giant Amazon, Apple, Google and Facebook. In compliance with the law, these companies will have to change their business policies. Two laws made for Internet media and e-commerce companies also provide for heavy penalties.
According to CNN, now the European Union countries have implemented the Digital Services Act. In this, companies have to remove illegal and harmful content from their platform. The second law is the enactment of the Digital Markets Act for e-commerce companies. The entire guideline for competition in this law is given.
EU Commissioner Marith Vestager said that the purpose of both laws is to provide consumers with safe products and services online.