EU Launches Antitrust Probes into Google, Apple, and Meta Over Alleged Violations of New Tech Laws
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The European Union launched antitrust investigations into Google, Apple, and Meta for allegedly violating new EU laws aimed at big tech companies.
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The investigations focus on issues like self-preferencing in Google Search, App Store rules, and Meta's "pay or consent" model.
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The companies had until March 6th to comply with the new EU Digital Markets Act antitrust regulations.
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If found to be noncompliant, the companies could face fines up to 10-20% of total revenue.
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The probes come amid increased legal scrutiny of big tech's market dominance and business practices in the US and EU.