Google, Apple and Meta investigated by the EU
The EU has launched investigations into three of the world’s biggest companies over uncompetitive practices.
Meta, Apple, and Alphabet (Google’s parent company) are being assessed over potential breaches of the Digital Markets Act (DMA) introduced in 2022.
If found guilty the companies could face potentially huge fines of up to 10% of their annual turnover – which is in the hundreds of billions for each of the trio.
On Monday (Mar.25), EU antitrust boss Margrethe Vestager and industry head Thierry Breton announced the investigation.
Today we open 1st #investigations under the #DMA.
We are concerned #Alphabet, @Apple & @Meta are not meeting their obligations e.g:
