✨ We've just launched our NEW website design!

Learn More Here
News

Apple and Meta Could Face Minor Fines for Violating the Digital Markets Act

Apple and Meta Could Face Minor Fines for Violating the Digital Markets Act

Apple and Meta are preparing to receive relatively small fines for allegedly breaking the European Union’s Digital Markets Act (DMA), a law aimed at limiting the power of big tech companies and boosting competition. According to sources familiar with the matter, the European Commission is more focused on getting the companies to comply with the rules rather than issuing large fines, which could theoretically reach up to 10% of their global annual revenue.

The alleged violations involve restrictions on competition imposed by the two companies, such as issues with digital stores and problems with the interoperability between platforms. However, the relatively short period of these violations—given the DMA only came into force in 2023—appears to have influenced Brussels’ decision to avoid severe penalties.

Another reason the European Commission is likely opting for smaller fines is the current geopolitical climate. Last month, U.S. President Donald Trump threatened to impose tariffs on countries penalizing American companies. This warning, which the EU could not ignore, has contributed to the EU handling the situation more cautiously. While the EU has consistently denied focusing only on American tech giants, political pressure has played a role in its more moderate approach.

Meta and Apple Defend Their Positions

In recent weeks, both Meta and Apple have submitted compliance reports, challenging the European Commission’s interpretation of the DMA rules. Meta stated it has actively worked with European authorities but has received adjustment requests that go beyond what the law requires. The company, led by Mark Zuckerberg, claims to have made significant changes to its services but believes some of the regulatory demands are excessive and unwarranted.

Apple, on the other hand, has argued that the changes required by the DMA expose users to greater risks, such as malware, fraud, and scams. The company has raised concerns about security and the impact the new rules might have on developers.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close

Adblock Detected

Please consider supporting us by disabling your ad blocker!   eTeknix prides itself on supplying the most accurate and informative PC and tech related news and reviews and this is made possible by advertisements but be rest assured that we will never serve pop ups, self playing audio ads or any form of ad that tracks your information as your data security is as important to us as it is to you.   If you want to help support us further you can over on our Patreon!   Thank you for visiting eTeknix