25.03.2024 13:29:08 - dpa-AFX: EU Opens Non-compliance Probe Against Alphabet, Apple And Meta Under Digital Markets Act

MOUNTAIN VIEW (dpa-AFX) - The European Commission said Monday it has opened
non-compliance investigations against Google parent Alphabet, Inc. (GOOG), Apple
Corp. (AAPL) and Facebook parent Meta Platforms, Inc. (META) under the Digital
Markets Act. The Commission intends to conclude the proceedings opened today
within 12 months.

The investigations involve Alphabet's rules on steering in Google Play and
self-preferencing on Google Search, Apple's rules on steering in the App Store
and the choice screen for Safari and Meta's 'pay or consent model'.

In case of an infringement, the Commission can impose fines up to 10% of the
company's total worldwide turnover. Such fines can go up to 20% in case of
repeated infringement.

The Commission suspects that the measures put in place by these gatekeepers fall
short of effective compliance of their obligations under the DMA.

The Commission has also launched investigatory steps relating to Apple's new fee
structure for alternative app stores and Amazon's ranking practices on its
marketplace

Finally, the Commission has ordered gatekeepers to retain certain documents to
monitor the effective implementation and compliance with their obligations.

Further, the Commission has granted Meta an extension of 6 months to comply with
the interoperability obligation (Article 7 DMA) for Facebook Messenger. This
follows a reasoned request submitted by Meta.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Apple 865985 NASDAQ 169,300 26.04.24 23:31:16 -0,590 -0,35% 169,600 169,700 169,880 169,300
Meta Platforms A1JWVX NASDAQ 443,290 26.04.24 23:31:21 +1,910 +0,43% 441,450 441,550 441,460 443,290

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