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Apple, Google, and Meta targeted in EU's first digital market law investigation

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$Apple(AAPL.US)$ $Alphabet-A(GOOGL.US)$ , Google and $Meta Platforms(META.US)$ European antitrust regulators will investigate the company on Monday on suspicion of violating the EU's new digital markets lawAs a result, it was announced that there is a possibility that high fines will be imposed on both companies. (Violations can result in fines equivalent to up to 10% of a company's global annual sales.)
・The European Union Law, which comes into effect on March 7, aims to counter the power of tech giants by making it easy for people to move between competing online services such as social media platforms, internet browsers, app stores, etc. If we do that, there should be room for competition for small and medium-sized enterprises.
Apple compliance
・What is at issue is whether Apple complies with the obligation to allow users to easily uninstall software applications on the iOS operating system, change iOS default settings, and access the selection screen and switch to a rival browser or search engine on the iPhone.
・Another concern for regulators is whether Apple will “steer” restrictions that prevent app developers from notifying users about free offers other than the App Store.
· Apple said it is confident that its plans are DMA compliant, and added that it has responded to committees and developers throughout the process and incorporated their feedback into changes.
・The regulatory authorities say that the anti-steering issue also applies to the alphabet. In the investigation, it is investigated whether the company gives preferential treatment to vertical search engines such as Google Shopping, Google Flights, Google Hotels, etc. over competitors, and whether it does not discriminate against third-party services in Google search results.
Is it paid or free
Mr. Breton stated that Meta, which introduced an ad-free subscription service in Europe in November last year, has attracted criticism from rivals and users should offer free alternative options.
A Meta spokesperson said the company is striving to follow the law's guidelines. ---It means we still can't do it.
$Amazon(AMZN.US)$ $Microsoft(MSFT.US)$ Another DMA's in line with“gatekeeper”It is.
An Amazon spokesperson said, “Amazon complies with the Digital Markets Act and has been constructively working with the European Commission on our plans since our two services were designated.”“We continue to work every day to meet the high standards of all our customers in Europe's changing regulatory environment.”
Related companies
(Source:reuters.com)
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    皆さん、初めまして、だいしゅきです。 米国株に興味深い 単身赴任中
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