The EU’s Digital Markets Act (DMA) has prompted East Asian countries to consider tech regulation. Japan has enacted a law to boost competition in the smartphone market by ensuring third-party access and prohibiting preferential treatment. South Korea and Taiwan are adopting a cautious stance, with South Korea reviewing stakeholder feedback and Taiwan analyzing digital market dynamics before implementing regulations.
These cautious approaches reflect concerns about the impact on local innovation and competition. Additionally, strict regulations might unintentionally benefit Chinese tech companies by restricting competition among established players, highlighting a complex global regulatory landscape.
