EU Launches Investigations into Apple, Google, and Meta Under Digital Markets Act

The European Union has launched antitrust investigations into tech giants Apple, Google, and Meta under the Digital Markets Act, focusing on potential violations related to competition and user choice. The investigations will assess the companies' compliance with the new rules, with potential fines of up to 10% of their global annual turnover. The EU aims to conclude the investigations within a year, while also considering potential probes into Apple's new app store fee structure and Amazon's marketplace ranking practices.