Overview

• Apple has filed a legal challenge against the European Union's Digital Markets Act, joining Meta and ByteDance in contesting their platforms' 'gatekeeper' designations.
• The 'gatekeeper' designation is part of the EU's legislation aimed at regulating dominant tech companies, preventing them from imposing unfair conditions on customers.
• The legislation targets 22 services run by six tech companies: Apple, Microsoft, Alphabet's Google, Amazon, Meta, and ByteDance's TikTok.
• While Microsoft and Google have reportedly accepted their designations, Meta and ByteDance have contested theirs, arguing that their platforms are not dominant 'gatekeepers'.
• Companies failing to comply with the Digital Markets Act can face fines of up to 10 percent of their global turnover, up to 20 percent for repeat offenders, and periodic fines of up to five percent of their average daily turnover.