TECH - Apple Meta and Google's Alphabet Under Scrutiny EU Launches Antitrust Probes | Benzinga
Apple Inc (NASDAQ:AAPL), Meta Platforms Inc (NASDAQ:META), and Google’s parent company Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) are now under investigation by the European Union, according to its new Digital Markets Act.
The announcement on Monday signifies the first batch of probes since the act’s recent enactment.
This comes from the U.S. Justice Department’s lawsuit against Apple for allegedly hindering competitors’ ability to integrate with the iPhone, potentially increasing consumer prices, the Wall Street Journal reports.
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The investigations will focus on whether Apple and Google adhere to regulations mandating that they allow app developers to inform customers of alternative purchasing options outside their primary app stores.
The European Commission expresses concern over the limitations these tech giants may impose ...