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The European Commission has fined Meta €797.72 million for breaching EU antitrust rules by tying its online classified ads service Facebook Marketplace to its personal social network Facebook and by imposing unfair trading conditions on other online classified ads service providers. The Commission’s investigation found that Meta is dominant in the market for personal social networks, which is at least
EU antitrust regulators on Thursday accepted commitments from Apple to allow access to its tap-and-go payments technology to rivals, bringing an end to a four-year investigation, CNBC reported.
Brussels has accused Apple of stifling competition on its App Store, marking the first time EU regulators have brought charges against a Big Tech group under new digital rules, Financial Times reported. The European Commission has been gearing up for years to unleash the full authority of its new Digital Markets Act against Big Tech. The landmark rules were designed
The European Commission has fined Apple over €1.8 billion for abusing its dominant position on the market for the distribution of music streaming apps to iPhone and iPad users (‘iOS users’) through its App Store. In particular, the Commission found that Apple applied restrictions on app developers preventing them form informing iOS users about alternative and cheaper music subscription services available outside the app (‘anti-steering provisions’). This is illegal under EU antitrust rules.
Brussels will hit tech giant Apple with a €500 million fine for allegedly breaking EU law over access to its music streaming services, the Financial Times reported Sunday, according to Politico. The fine would be the EU’s first ever against Apple and is expected to be announced early next month, according to the FT report. It is the result of
The European Commission adopted decisions closing four market investigations that were launched on 5 September 2023 under the Digital Markets Act (DMA), finding that Apple and Microsoft should not be designated as gatekeepers for the following core platform services: Apple’s messaging service iMessage, Microsoft’s online search engine Bing, web browser Edge, and online advertising service Microsoft Advertising. The decisions concluded
Today, Adobe and Figma announced that they have entered into a mutual agreement to terminate their previously announced merger agreement, originally announced on September 15, 2022, under which Adobe would have acquired Figma for a mix of cash and stock consideration, Business Wire reported. Although both companies continue to believe in the merits and procompetitive benefits of the combination, Adobe