Germany wants Big Tech to pay towards compliance costs of new digital law

German European MP Sven Giegold speaks during a news conference on the launch of the European Tax Observatory, in Brussels, Belgium June 1, 2021. Francois Walschaerts/Pool via REUTERS/ File photo

BERLIN (Reuters) - Germany wants Big Tech companies Alphabet, Amazon, Apple, ByteDance, Meta Platforms and Microsoft to contribute towards the compliance costs of new European Union rules aimed at curbing their power, a senior German economy ministry official said on Thursday.

Sven Giegold, state secretary in charge of competition policy at Germany's economy ministry, said such a move would help EU antitrust regulators better enforce the Digital Markets Act (DMA) which the six companies have to comply with on March 7.