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EU Probes Apple, Google, And Meta To Stop Their Cornering Digital Markets


  • Writer: By The Financial District
    By The Financial District
  • Mar 28, 2024
  • 1 min read

European Union (EU) regulators opened investigations into Apple, Google, and Meta, the first cases under a sweeping new law designed to stop Big Tech companies from cornering digital markets, Kelvin Chan reported for the Associated Press (AP).


The European Commission, the 27-nation bloc’s executive arm, said it was investigating the companies for “non-compliance” with the Digital Markets Act (DMA).



The European Commission, the 27-nation bloc’s executive arm, said it was investigating the companies for “non-compliance” with the Digital Markets Act (DMA).


Chan reported that DMA took full effect earlier this month and is a broad rulebook that targets Big Tech “gatekeeper” companies providing “core platform services.” Those companies must comply with a set of dos and don’ts, under threat of hefty financial penalties or even breaking up businesses.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

The commission has heard complaints that tech companies’ measures to comply have fallen short, European Commission Vice President Margrethe Vestager, the bloc’s competition chief, said at a press briefing in Brussels.


“Today, we decided to investigate a number of these suspected non-compliance issues. And as we unearth other problems, we will tackle those too,” she said.




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