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Economic Times

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European regulators crack down on Big Tech

European regulators are cracking down on Big Tech, with investigations and potential fines on the horizon for Apple, Meta Platforms (formerly known as Facebook), and Google. The alleged breaches include disparaging rival products on their platforms. The European Union's Digital Markets Act (DMA) could result in fines of up to 10% of their global annual turnover for these companies. Additionally, there have been actions taken against other tech giants, such as Microsoft and Amazon, in various European countries like the UK, France, Germany, Italy, and the Netherlands.

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