Finance
No plans to get Big Tech to pay digital law compliance costs, EU tech chief says
Published by Global Banking & Finance Review®
Posted on July 23, 2025
2 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on July 23, 2025
2 min readLast updated: January 22, 2026
The EU will not charge Big Tech for compliance with the Digital Markets Act, despite calls for a supervisory fee to aid enforcement.
By Foo Yun Chee
BRUSSELS (Reuters) -The European Commission will not ask Alphabet, Amazon, Apple, ByteDance, Meta Platforms and Microsoft to pay the cost of monitoring their compliance with a new digital law, the EU tech chief said on Wednesday.
Germany and European Parliament lawmakers have lobbied for a supervisory fee to be levied on Big Tech to help EU antitrust regulators better enforce the Digital Markets Act.
The European Commission Executive Vice-President Henna Virkkunen, who is responsible for the technology sector, said rules were always under review and she would monitor developments, but had no plans to make the companies pay despite the enormous volume of monitoring work.
"So it's always, of course, there is this possibility, but now we are not having any new proposal on that," Virkkunen told Reuters in an interview.
The landmark legislation, which has been enforced since 2023, sets out a list of dos and don'ts aimed at curbing the six companies' power and giving consumers more choice. The group of Big Tech companies, which includes Booking.com, were picked because they provide a core platform service for business users.
Proponents of a DMA supervisory fee said it should be similar to the levy imposed on big online platforms subject to another piece of legislation called the Digital Services Tax that requires companies to do more to police content on their sites.
The digital services supervisory fee amounts to 0.05% of a company's annual worldwide net income.
(Reporting by Foo Yun Chee; editing by Barbara Lewis)
The Digital Markets Act is a regulation by the European Union aimed at ensuring fair competition and consumer choice in the digital market by imposing rules on large tech companies.
Compliance costs are expenses incurred by companies to adhere to legal and regulatory requirements, including monitoring and reporting obligations.
A supervisory fee is a charge that regulatory bodies may impose on companies to cover the costs of monitoring compliance with laws and regulations.
The European Commission is the executive branch of the European Union responsible for proposing legislation, implementing decisions, and managing the EU's day-to-day operations.
Antitrust regulation refers to laws and policies designed to promote competition and prevent monopolistic practices in the marketplace.
Explore more articles in the Finance category
