Apple Inc, Alphabet Inc's Google, and Meta Platforms Inc face the risk of potentially hefty fines as the European Union (EU) opened a full-blown investigation into the firms' compliance with strict new laws reining in the power of Big Tech.
The European Commission said Monday that Apple and Google's app store rules will be targeted in the first probes under the bloc's Digital Markets Act, how Google search results might unfairly preference its own services and how Apple may make it harder for users to choose alternatives to its Safari browser.
New subscription fees for Meta's Instagram and Facebook platforms will also be targeted by the prob which could hit firms with fines of u to 10 per cent of global revenue, or up to 20 per cent in the case of repeated breaches.
Bu hikaye Business Standard dergisinin March 26, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin March 26, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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