digital markets act

Late last month, Change Healthcare, a unit of UnitedHealth, came under attack by an infamous hacker group called BlackCat. $22 million in ransom later, reportedly paid in bitcoin, and the problem is far from solved. Also this week: Max, previously HBO Max, announces a crackdown on password sharing — maybe it’s time to dust off the old DVD player. But first, Apple on Monday got hit with a massive fine from regulators in Europe. They say the company used its app store dominance to box out music streaming services competing with its own. What’s $2 billion to the tech titan of Cupertino? Marketplace’s Lily Jamali asked Chrissy Farr, a health tech investor at OMERS Ventures, for today’s episode of Marketplace Tech Bytes.

OpenAI responded to Elon Musk’s lawsuit this week, with a blog post that included emails dating to 2015. We talk about whether the lawsuit could have any impact on the company, and who stands to benefit from it. Then, will the European Union’s Digital Markets Act make the tech industry a more competitive environment for entrepreneurs? We look at how some of the biggest tech giants are changing their services to comply with the law. And finally, Kevin Roose and the Wall Street Journal reporter Joanna Stern compare notes on using the Apple Vision Pro.   

Today’s guest:

• Joanna Stern, Wall Street Journal Personal Tech columnist

Additional Reading:

• Open AI Says Elon Musk Tried to Merge It With Tesla
• Forced to Change: Tech Giants Bow to Global Onslaught of Rules
• One Month With Apple Vision Pro: In the Air, on a Train … in a Drawer

We want to hear from you. Email us at hardfork@nytimes.com. Find “Hard Fork” on YouTube and TikTok.

The European Commission has designated six of the largest tech companies on the planet as the “gatekeepers” of online services. You’ll know these names: Apple, Amazon, and Microsoft. Facebook parent Meta. Google and YouTube parent Alphabet. And, maybe you’re less familiar with this one: ByteDance, which owns TikTok. They’ve all got until March to comply with the continent’s new Digital Markets Act (DMA), which aims to give users more choice. For more, Marketplace’s Lily Jamali spoke with Sumit Sharma, a competition and antitrust senior researcher at Consumer Reports, who explained what the term “gatekeeper” refers to.

The EU’s competition commissioner Margrethe Vestager is stepping aside, and the UK has clawed back less than 2 per cent of losses owing to fraud and error on business grants during the Covid-19 pandemic. Plus, Ukraine is doubling down on its counteroffensive. 

Mentioned in this podcast:

Didier Reynders to take over as EU competition chief

UK government ‘slow to take action’ on Covid-19 grant losses, say MPs

Military briefing: Kyiv ignores calls for reset of its ‘sneak and peek’ tactics

Travis Kalanick’s excellent (and secret) venture

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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