These companies didn't even exist 100 years ago and most of the success they have had, are big innovations in their respective areas in last 20 years. Yet now they are designated as some sort of immortal "gatekeepers".
They're not designated as "immortal" gatekeepers. The commission can revise the list at any time, as market conditions change.
Every monopolist was once not a monopolist. Every monopolist came into existence at some point in the past and did not exist before then. So what? Should we abolish all antitrust law for this reason? It's a very strange criticism.
> Under the DMA, the European Commission can designate digital platforms as ‘gatekeepers' if they provide an important gateway between businesses and consumers in relation to core platform services.
Microsoft and Apple are in their late 40s, Amazon and Google are in their 20s, Facebook is 19 and ByteDance is a teenager with 11 years old, yet managed to be classified as gatekeepers.
I think no other company, with a young age, in any other domain but tech could ever qualify as a gatekeeper
Every monopolist was once not a monopolist. Every monopolist came into existence at some point in the past and did not exist before then. So what? Should we abolish all antitrust law for this reason? It's a very strange criticism.