Europe's Tech Tussle: Antitrust Actions Against Big Tech
European regulators have intensified investigations into Big Tech firms like Google, Apple, and Meta through substantial antitrust fines and strategic market oversight. These actions, part of a broader crackdown, target anti-competitive practices and intellectual property breaches, ensuring fair competition in the EU digital market.
In a robust crackdown on Big Tech, European regulators have launched multiple antitrust actions against companies like Google, Apple, and Meta. These moves signal a push for fairer competition in the digital space.
Recent actions include Google's 2.95 billion-euro fine for anti-competitive practices in its adtech business. Other notable actions against Google include fines for hindering rivals in online advertising and gaining unfair advantages using its services.
Apple has faced hefty penalties and directives to open its payment systems to rivals, enhancing competition. The European Commission continues to scrutinize tech giants, ensuring compliance with the Digital Markets Act and Intellectual Property rules.
(With inputs from agencies.)
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