EU Targets Tech Giants Under New Digital Markets Act

The European Commission is poised to levy its first penalties under the Digital Markets Act (DMA) against Apple and Meta this Wednesday, April 23. This move marks a significant step in the EU's efforts to regulate big tech and ensure fair competition.

Allegations Against Apple and Meta

According to sources, the Commission accuses Apple of stifling competition through restrictive app store policies. Meanwhile, Meta faces criticism for not allowing users to opt out of data sharing without penalty. Both companies could face fines ranging from millions to hundreds of millions of euros, with additional daily penalties if they fail to comply.

Background of the DMA Proceedings

The EU's action against these 'gatekeepers' began with formal proceedings in March 2024. Despite delays by Commission President von der Leyen, the decision to impose fines underscores the EU's commitment to enforcing the DMA.