Apple, Google and Meta at risk of ‘heavy’ fines as Europe launches new probes

Posted under: Web technologies
Date: 2024-03-26
Apple, Google and Meta at risk of ‘heavy’ fines as Europe launches new probes

The European Union has launched an examination into the Apple, Google, and Meta companies, alleging they are failing to comply with the Digital Markets Act, a law designed to promote competition in digital services. The DMA Act which requires dominant online platforms to provide users with more choices and rivals more opportunities to compete. these violations of the law can lead to stiff penalties, including fines of up to 10% of a company's global revenue and up to 20% for repeat offenses. The European Union is also looking into app stores operated by Apple and Google companies, as some large digital platforms must allow app developers to steer consumers to offers outside the two dominant stores, free of charge. The EU presumes that Apple and Google constrain developers' ability to freely communicate with end-users and promote offers and directly conclude contracts, including by imposing various charges.

Read more at: edition.cnn.com