"EU Launches Probes into Apple, Google, and Meta for Potential Heavy Fines"

TL;DR Summary
The European Union has launched investigations into Apple, Google, and Meta over suspicions of non-compliance with the Digital Markets Act, which aims to promote competition in digital services. If found in violation, the companies could face heavy fines of up to 10% of their global revenue. The probes are looking into various practices, including Meta's "pay or consent" approach, Apple's app store practices, and Google's treatment of third-party services in search results. The companies have responded, expressing confidence in their compliance with the law and their willingness to engage with the European Commission during the investigations.
- Apple, Google and Meta at risk of ‘heavy’ fines as Europe launches new probes CNN
- E.U. Takes Aim at Alphabet, Apple and Meta in Wide-Ranging Investigations The New York Times
- Apple, Google, Meta: What Happens Next With EU Probe Is Key Bloomberg
- Apple, Meta, Google Probed by EU Under New Digital-Competition Law The Wall Street Journal
- EU Probes Apple, Google, Meta Under New Digital Law Barron's
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