The European Commission will investigate major tech companies, including Apple, Google, and Meta, under the EU's Digital Markets Act (DMA) to ensure compliance and potentially impose significant penalties.
The European Commission is set to probe major tech companies, including Apple, Google, and Meta, to ensure compliance with the EU's Digital Markets Act (DMA). The DMA aims to curb the influence of Big Tech by empowering the EU to impose significant penalties, including fines of up to 10% of a company's total annual global revenue, and double that for repeated violations. The investigations will focus on new fees, terms, and conditions set by Apple and Google for app developers on their respective app stores, as well as Meta's proposal to introduce a subscription fee for users to access its platforms without ads.
March 21, 2024
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