GAFA: The meaning of the abbreviation simply explained

You find the abbreviation GAFA more and more frequently on the Internet. We explain the meaning of the word in this article. So much in advance: The word is an abbreviation for the largest companies from Silicon Valley and was invented by the European Union.

GAFA: That means the abbreviation

GAFA is an acronym for Internet giants from the United States. The term was introduced in politics.

• GAFA is short for Google, Apple, Facebook and Amazon. These are the largest internet companies in the world. All but Amazon come from Silicon Valley in California.
• The word GAFA was introduced by the European Union and is considered a reminder of the power that these large companies have. Above all, it's about the financial impact.
• In fact, all four are among the most valuable companies in the world - led by Apple. Their economic output is higher than that of many countries and continues to grow.
• The European Union sees this as a great risk and wants to prevent these companies from further expanding their monopoly. You have therefore introduced the term GAFA for easier naming.

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