• Mon. Jun 24th, 2024

EU Launches Investigation into Apple, Google, and Meta Platforms for Digital Market Violations

BySamantha Jones

Mar 25, 2024
EU Commission launches probe into Apple, Google, and Meta with potential for substantial fines

The European Commission has launched an investigation into American tech giants Apple, Google, and Meta Platforms to determine if they have violated the EU’s digital market regulations. The inquiry follows the recent enforcement of the Digital Market Act on March 7, which aims to address the dominance of major tech companies in the digital market and promote competition and consumer choice.

Under the new regulation, authorities can impose fines of up to ten percent of a company’s global turnover for non-compliance. The companies being investigated include Google Play and Apple’s App Store, as well as Google’s search engine practices and Apple’s browser preferences. Additionally, Meta’s payment models for Instagram and Facebook are also under scrutiny.

European Commissioner Margrethe Vestager stated that the companies’ practices do not fully comply with the Digital Market Act, while Commissioner Thierry Breton emphasized that the investigations should not come as a surprise to the companies. Meta and Google have stated their commitment to complying with the regulation, while Apple has defended its operating methods.

The EU Commission plans to examine other aspects of the companies’ practices to ensure fair competition in the digital market. Despite their responses, the Commission remains focused on enforcing the regulations outlined in the Digital Market Act.

By Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

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