Apple, Google and Meta targeted by the EU

Apple, Google and Meta are facing an extensive investigation by the EU for failing to comply with the new provisions of the Digital Markets Act. The new legislation targets large technology companies, which it refers to as "gatekeepers", and requires them to make changes to stop anti-competitive practices. The companies are accused of not complying sufficiently with these new regulations. Apple and Google in particular are being scrutinized for their app store policies. Alphabet, meanwhile, is facing accusations of favoring its own services in search results. Meta, the parent company of Facebook, is under scrutiny for its data usage practices. The EU expects the investigation to take around a year, and companies that violate the rules could face fines of up to 10% of their annual turnover. This investigation follows a landmark lawsuit brought by the US Department of Justice against Apple for alleged monopolization of the smartphone market. EU officials emphasize the importance of ensuring fair and open digital markets for European citizens and businesses.