"EU Launches Antitrust Probes Against Apple, Google, and Meta Over Alleged Violations"

1 min read
Source: IGN
"EU Launches Antitrust Probes Against Apple, Google, and Meta Over Alleged Violations"
Photo: IGN
TL;DR Summary

The European Union has initiated investigations into Alphabet (Google's parent company), Apple, and Meta (formerly Facebook), alleging noncompliance with the EU's Digital Markets Act (DMA) and new antitrust laws. The EU is probing various practices, including self-preferencing on Google Search, Apple's App Store rules, and Meta's 'pay or consent model.' If found noncompliant, these companies could face fines of up to 10% of their total revenue, with potential increases for repeated infringement. The DMA aims to create a fairer and more competitive digital space, and its enforcement has already prompted changes in the tech industry, such as Epic Games and Microsoft planning their own app stores within existing platforms.

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