Apple and Meta reportedly set to face EU charges under Digital Markets Act regulations2024-06-14 18:36 by DanielaTags: Apple, DMA
Apple and Meta could soon face charges from the European Commission for violating Digital Markets Act (DMA) rules. The Financial Times reported Friday that the Commission is planning to charge Apple, and Reuters reported later that Meta could be charged as well. The DMA requires Big Tech to open up space for smaller rivals to compete and make it easier for people to move between competing online services like social media platforms, internet browsers and app stores. EU regulators will issue preliminary findings which are similar to antitrust charges before the summer break in August, with Apple the first to be charged, followed by Meta, the sources said. The Commission and Meta declined to comment. Apple referred to its March statement where it said that it was confident that its plan complies with the DMA and that it continues to constructively engage with the Commission. Undoubtedly, Apple and Meta are two of the biggest companies in the world. Their services have a great effect on the lives of the people of Europe. So, it's important that these companies stay in line. This is why the EU is not shy about bringing down the hammer if a company does something it doesn't like. Read more -here-
Post your review/comments
rate:
avg:
|