European Union investigates Tech giants under new digital Law

Daily Current Affairs / European Union investigates Tech giants under new digital Law

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Category : Miscellaneous Published on: March 30 2024

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EU regulators have initiated investigations into tech giants Apple, Alphabet's Google, and Meta (formerly Facebook), marking the first cases under the new Digital Markets Act (DMA) aimed at preventing Big Tech dominance in digital markets.
The investigations are centered on alleged "non-compliance" with the DMA, which became effective on March 7, indicating the EU's commitment to enforcing stringent regulations on tech companies.
Brussels, Belgium, serves as the headquarters of the European Union, where regulatory decisions and investigations into digital markets are conducted, highlighting the EU's central role in overseeing tech industry practices within its jurisdiction.