One week back, the European Commission shared its reservations about tech giants Google and Apple. Both companies were accused of violating the region’s DMA or Digital Markets Act. Therefore, a heavy punishment in the form of fines would ensue if the necessary changes were not made in due time.
Now, it appears that the EC has taken a back seat on those claims, which could have included fining up to 10% of the company’s global revenue figures, which amounts to billions. Right now, the EU is showing flexibility, and it might be linked to the pressure of facing Donald Trump.
The current US president’s administration warned against such actions, which could prove to be troublesome for companies working in the EU. Trump warned against extortion of US tech giants, which is why we might be seeing limited fines for Apple and Meta under the latest law.
So while the fines would be minimal, they’ll still be implemented as the EU wants to save its face as per the new report. This is why the Cupertino firm would receive the fine, but at the same time be asked to make changes to the App Store. Meanwhile, Meta would be forced to pay a fine or consent to altering its business model.
Meta’s Pay or Consent model has been under scrutiny for a while now, which the EU says is not fair. It doesn’t like the clause of paying a certain fee to avoid being tracked through ads, as that’s not something that should be done without consent.
So the arrival of Trump has led to more rethinking amongst the EU think tank, and it includes the arrival of more modest fines than those seen before. The officials will surely be downplaying this decision, as caution is necessary, but experts know that the EU is under a lot of pressure from Washington.
The comments from the Trump administration have been continuous and relentless. Many leading American tech executives also shared dissatisfaction with the EU regulation. In another analysis, it was discussed how the DMA is designed to target American tech titans. However, the EU says that’s not the case. It’s just trying hard to do its job and focus on matters such as being more compliant with tech giants than high fines that hit billions.
Image: DIW-aigen
Read next: Pegasus Spyware Caught Attempting Hacks Against Journalists
Now, it appears that the EC has taken a back seat on those claims, which could have included fining up to 10% of the company’s global revenue figures, which amounts to billions. Right now, the EU is showing flexibility, and it might be linked to the pressure of facing Donald Trump.
The current US president’s administration warned against such actions, which could prove to be troublesome for companies working in the EU. Trump warned against extortion of US tech giants, which is why we might be seeing limited fines for Apple and Meta under the latest law.
So while the fines would be minimal, they’ll still be implemented as the EU wants to save its face as per the new report. This is why the Cupertino firm would receive the fine, but at the same time be asked to make changes to the App Store. Meanwhile, Meta would be forced to pay a fine or consent to altering its business model.
Meta’s Pay or Consent model has been under scrutiny for a while now, which the EU says is not fair. It doesn’t like the clause of paying a certain fee to avoid being tracked through ads, as that’s not something that should be done without consent.
So the arrival of Trump has led to more rethinking amongst the EU think tank, and it includes the arrival of more modest fines than those seen before. The officials will surely be downplaying this decision, as caution is necessary, but experts know that the EU is under a lot of pressure from Washington.
The comments from the Trump administration have been continuous and relentless. Many leading American tech executives also shared dissatisfaction with the EU regulation. In another analysis, it was discussed how the DMA is designed to target American tech titans. However, the EU says that’s not the case. It’s just trying hard to do its job and focus on matters such as being more compliant with tech giants than high fines that hit billions.
Image: DIW-aigen
Read next: Pegasus Spyware Caught Attempting Hacks Against Journalists