The EU Commission has opened an investigation against the large tech companies.

The European Union's Commission has initiated investigations against Alphabet, Apple, and Meta for potential non-compliance with the Digital Markets Act (DMA). The DMA is aimed at ensuring fair digital market practices and imposes stringent regulations on companies identified as "gatekeepers."

The companies under scrutiny will be investigated for their practices related to app store rules, self-preferencing, user choice obligations, and data usage models. These investigations could result in fines of up to 10% of global turnover for infringements, which could escalate to 20% for repeated offences.

Additionally, companies found guilty of systematic violations could face structural changes. The EU's decisive action in enforcing digital market fairness is a significant step forward. The investigations are expected to conclude within 12 months.

šŸ„‡ 1st Contributor: Luiza Jarovsky

[LinkedIn]

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