Posted 3/25/2024, 10:35:09 PM
EU Launches Antitrust Probe into Apple, Meta, and Google Over Market Dominance Concerns
- EU launched probe into Apple, Meta, Google over antitrust practices, causing $45B combined loss
- Probe reviewing if companies comply with EU Digital Markets Act targeting Big Tech
- Google under review for preferential treatment of own services like Search, Flights
- Apple, Google face scrutiny over app store commissions and steering outside apps
- Probe came days after DOJ sued Apple for alleged monopoly over smartphones