Question: In 2021, which country passed the Digital Markets Act to regulate big tech companies?
Options:
United States
India
European Union
China
Correct Answer: European Union
Solution:
The European Union passed the Digital Markets Act in 2021 to regulate large technology firms.
In 2021, which country passed the Digital Markets Act to regulate big tech compa
Practice Questions
Q1
In 2021, which country passed the Digital Markets Act to regulate big tech companies?
United States
India
European Union
China
Questions & Step-by-Step Solutions
In 2021, which country passed the Digital Markets Act to regulate big tech companies?
Step 1: Identify the year mentioned in the question, which is 2021.
Step 2: Understand that the question is asking about a specific law called the Digital Markets Act.
Step 3: Recognize that the Digital Markets Act is related to regulating big tech companies.
Step 4: Find out which entity or country passed this law in 2021.
Step 5: Confirm that the European Union is the entity that passed the Digital Markets Act.
Digital Markets Act β A regulatory framework established by the European Union to ensure fair competition and curb anti-competitive practices among large technology companies.
Regulation of Big Tech β The process of creating laws and guidelines to oversee the operations and market behaviors of major technology firms.
European Union Legislation β The body of laws and regulations enacted by the European Union that member states must adhere to.
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