EU launches probe into Meta, Apple and Alphabet under sweeping new tech law
Publishing timestamp: 2024-03-25 12:14:13
Summary
The European Union has opened investigations into Apple, Alphabet, and Meta under the new Digital Markets Act tech legislation. The probes focus on anti-steering rules, self-preferencing, and other potential issues with the companies' services. If found in violation, fines of up to 10% of total worldwide turnover could be imposed. The investigations are expected to conclude within 12 months.
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