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Apple, Meta, Google set to face EU Digital Markets Act probes
Economic Times
·
1y ago
Medial
Summary: EU antitrust regulators are set to investigate Apple, Meta Platforms, and Google under the Digital Markets Act. The European Commission is expected to announce the investigations and make decisions before the end of EU antitrust chief Margrethe Vestager's term in November, according to sources.
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Amazon likely to face investigation under EU tech rules next year
Economic Times
·
8m ago
Medial
Amazon is expected to face an investigation by EU regulators in 2022 over allegations of favoring its own brand products on its platform. The investigation will be conducted under the European Union's Digital Markets Act, which aims to regulate the power of Big Tech companies. If Amazon is found guilty of breaching the Act, it could face a fine of up to 10% of its global annual turnover. The decision on whether to proceed with the investigation will be made by incoming EU antitrust chief Terera Ribera, who is set to replace Margrethe Vestager next month. Amazon has stated that it is compliant with the Act and has been engaging constructively with the Commission. Other tech companies, including Apple, Google, and Meta Platforms, are also being investigated under the Act.
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EU to investigate Apple, Google, Meta for potential Digital Markets Act breaches
Economic Times
·
1y ago
Medial
The European Union (EU) has initiated its first investigations under the Digital Markets Act against Apple, Google (Alphabet), and Meta Platforms (formerly Facebook) for potential violations of EU regulations. The EU suspects that these tech companies have not effectively complied with their obligations under the Digital Markets Act. Specifically, the investigations will focus on Google's practices in Google Play and Google Search, Apple's practices in the App Store and Safari, and Meta's 'pay or consent model'. Additionally, the EU has also launched investigatory steps regarding Apple's fee structure for alternative app stores and Amazon's ranking practices on its marketplace.
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Apple, Google, Meta targeted in EU's first Digital Markets Act probes
Reuters
·
1y ago
Medial
The European Commission is launching investigations into several tech giants, including Google, Apple, and Meta (formerly Facebook), to assess their compliance with the Digital Markets Act (DMA). The DMA, which came into effect on March 7, aims to ensure a level playing field in the digital market and increase user choices. Violations of the DMA could result in fines of up to 10% of the companies' global annual turnover. The investigations will focus on issues such as Google's and Apple's app store rules and Meta's subscription service. The EU aims to conclude the investigations within a year.
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Google to be hit with EU charges of breaching Big Tech rules, sources say
Economic Times
·
5m ago
Medial
Alphabet's Google faces EU charges over breaching Big Tech rules, as its search results changes failed to ease EU antitrust concerns. The European Commission's move follows tensions with the US, amid investigations into Google potentially favoring its services over rivals, violating the Digital Markets Act (DMA). Despite proposed changes by Google, EU regulators remain dissatisfied, with charges expected soon alongside ongoing probes into Apple and Meta.
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EU launches probes into Apple, Meta, Google under new digital competition law
Livemint
·
1y ago
Medial
The European Union has initiated investigations into Apple, Meta Platforms (formerly Facebook) and Google parent Alphabet under its new digital-competition law. This marks the first set of probes under the EU's Digital Markets Act, which aims to regulate large US tech companies. The investigations will focus on issues such as app developers' ability to communicate with users and promote offers, search result preferences, user control over software applications and default settings, and Meta's "pay or consent" plan. These investigations highlight the increased regulatory scrutiny faced by tech giants globally.
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Apple, Meta likely to face modest fines over DMA breaches, sources say
Economic Times
·
5m ago
Medial
Apple and Meta face modest fines for allegedly breaching the EU's Digital Markets Act (DMA), aimed at curbing tech giants' power. The act, effective since May 2023, is designed to foster competition among online services. The EU antitrust enforcer's priority is compliance over sanctions, considering the DMA's recent implementation and geopolitical factors. Despite efforts to adhere to regulations, both companies highlight challenges with demands exceeding legal requirements. Final decision on fines is pending.
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Google, X next targets as Europe stays tough on tech regulation
Economic Times
·
3m ago
Medial
European regulators may impose fines on Google and Elon Musk's X as they continue to scrutinize Big Tech under the EU's Digital Markets Act (DMA). Recently, the EU fined Apple and Meta 700 million euros for anti-competitive practices. Despite U.S. pressure, EU regulators, led by Teresa Ribera, insist on strict compliance, aiming to enhance competition. Upcoming decisions may require Google to divest parts of its advertising business, reflecting ongoing tensions between regulatory and political landscapes.
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Microsoft, Google to not challenge EU gatekeeper designation
Economic Times
·
1y ago
Medial
Microsoft and Google won't contest an EU law requiring easier user transition between competing services, like social media and browsers, under the Digital Markets Act (DMA). The DMA designates "gatekeeper" services from six major tech firms, including Alphabet, Amazon, Apple, Meta, Microsoft, and ByteDance. The law mandates interoperability and user choice. Microsoft and Google accept the gatekeeper label, but others, like TikTok, might challenge it. TikTok disagrees with its designation, while Apple and Meta have yet to respond to reports suggesting they might contest it. The deadline for complaints is Nov. 16.
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Apple says its complying with EU's Digital Markets Act amid criticism
Economic Times
·
1y ago
Medial
Apple has responded to criticism about its closed ecosystem, stating that it has complied with the European Union's Digital Markets Act (DMA). The DMA requires Apple, along with other tech giants like Google, Amazon, TikTok owner ByteDance, Meta Platforms, and Microsoft, to adhere to a set of obligations and prohibitions. Apple has recently made changes such as allowing app developers to distribute their iPhone apps directly to consumers and enabling developers to distribute apps to EU users outside of the App Store. The company emphasized its focus on user experience while also considering the impact on developers.
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Germany wants Big Tech to pay towards compliance costs of new digital law
Economic Times
·
1y ago
Medial
Germany is urging Big Tech companies like Alphabet, Amazon, Apple, ByteDance, Meta Platforms, and Microsoft to contribute to the compliance costs of new EU regulations designed to limit their influence. The Digital Markets Act (DMA) requires these companies to comply with a set of rules by March 7. The proposed financing model for these costs would be similar to that of the Digital Services Act (DSA), where large online platforms pay a supervisory fee based on their annual worldwide net income. Additionally, Germany suggests EU antitrust enforcers prioritize key sectors with international significance to enhance European competitiveness.
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