On Monday, the European Commission opened investigations into three of the Big Six tech gatekeepers due to suspicions of non-compliance with the Digital Markets Act (DMA)....
Apple would be looking at a fine of over $35 billion. To put that into perspective, that is equivalent to half of Apple’s iPhone sales evaporating instantly.
Now that’s pretty spicy! I’m glad something is finally being done to try and break up the iron grip these companies have on the world. Shame it’s happening at such a glacial pace though
The EC expects its investigations to conclude within 12 months.
Now that’s pretty spicy! I’m glad something is finally being done to try and break up the iron grip these companies have on the world. Shame it’s happening at such a glacial pace though