Overview

• The European Commission will investigate Apple, Google, and Meta for potential violations of the Digital Markets Act, aiming to enhance digital market competition.
• Investigations will scrutinize Apple and Google's app store practices, Meta's user data handling, and potential unfair fees and conditions imposed on developers.
• Apple recently faced a 1.8-billion-euro fine for restricting music streaming apps from offering cheaper deals, highlighting the EU's strict enforcement stance.
• The EU's antitrust regulator can impose fines up to 10% of a company's global turnover for violations, with increased penalties for repeat offenders.
• The probes come as the U.S. Department of Justice also sues Apple, accusing it of maintaining an illegal monopoly in its iPhone ecosystem.