Tag Archives: EU

The European Union's antitrust regulators have initiated their first investigations under the Digital Markets Act (DMA) into tech giants Apple, Google (Alphabet), and Meta Platforms (formerly Facebook), citing potential breaches of significant EU tech regulations. This move marks a significant step in the EU's efforts to regulate and reign in the power of Big Tech companies.

According to sources cited by the Financial Times on Sunday, the European Union is poised to levy a fine of approximately 500 million euros ($539 million) on Apple for purported breaches of EU competition regulations