The European Union has decided to investigate Apple, Google and Meta

The European Union has included technology firms Apple, Google and Meta in its investigation. All three companies have been accused of failing to comply with new regulations introduced by the European Union.

The EU’s Digital Markets Act (DMA), introduced this month, mandated major changes with a focus on large companies, the majority of which were related to curbing anti-competitive activities.

However, according to European authorities, Apple, Google and Meta have completely failed to implement the introduced law.

Announcing the action, the European Commission said it was investigating the ‘steering rules’ of Apple and Google’s app stores and was trying to find out whether the two companies were offering products to consumers outside of their own stores. But whether they are working properly (which is required under DMA).

Meta, on the other hand, is under investigation for a scheme in which the company asks users to pay to not have their data used for advertising.

Companies found guilty of violating the rules in an investigation can pay up to 10 percent of their annual revenue in fines, which could cost the companies billions of dollars.

#European #Union #decided #investigate #Apple #Google #Meta
2024-04-23 03:19:34

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