An illustration picture taken in London on December 18, 2020 shows the logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone with an EU flag displayed in the background.
Google, Apple, Facebook, Amazon, and Microsoft logos displayed in front of an EU flag.
  • The European Union named six tech giants as "gatekeepers" that have to comply with new laws.
  • The Digital Markets Act aims to give more choice to users and open up the market for competitors.
  • A TikTok spokesperson said the company "fundamentally disagrees" with the designation. 

Alphabet, Amazon, Apple, TikTok parent ByteDance, Meta, and Microsoft have been designated as "gatekeepers" set to face new rules in the European Union, lawmakers announced Wednesday.