The interesting thing about the EU's Digital Markets Act is that it's "we're just going to treat all the biggest American tech companies as monopolies" as a law. It's both unprecedented and amazing that the Biden administration sleepwalked into it.
This is like the EU's version of the TikTok divestment law but killing multiple birds with one stone.
The #Chinese counterparts are insignificant abroad, except for #ByteDance, #TikTok's parent company.
Given that #Germany's #SAP has a 99% global market penetration rate* in #ERP system of international companies, it would need to be counted in as well, if it weren't in the #B2B market only.
The same is true for the Taiwan Semiconductor Manufacturing Company Ltd.
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