Google, Apple and Meta Face Hefty Fines in EU for Breaching Digital Markets Act

Apple, Google, and Meta are facing investigations by European antitrust regulators under the EU’s new Digital Markets Act, which became effective on March 7. The law aims to increase competition by allowing users to switch between online services easily. Violations may result in fines of up to 10% of global turnover. U.S. antitrust regulators are also scrutinizing Big Tech for anti-competitive behavior.

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