Apple, Meta to Face EU Charges Under New Tech Rules - Reuters

June 14, 2024 1:47 PM UTC
(Updated - June 14, 2024 1:49 PM EDT)

Apple (NASDAQ: AAPL) and Meta (NASDAQ: META) are set to face EU charges under newly implemented tech rules - Reuters

  • Apple and Meta Platforms will likely face charges for failing to comply with landmark EU rules aimed at reining in their power before the summer.
  • The EU commission sees Apple and Meta as priority cases.
  • The DMA requires Big Tech to open up space for smaller rivals to compete and make it easier for people to move between competing online services like social media platforms.


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