The EU is reassessing the technology investigations of Apple, Google and Meta, reports FT Reuters
(Reuters) – The European Commission is reassessing its investigations into tech giants including Apple (NASDAQ: ), Meta (NASDAQ: ) and Alphabet (NASDAQ: ) Google, as the companies call on U.S. President-elect Donald Trump to intervene against what they characterize as overzealous enforcement of the European Union, the Financial Times reported on Tuesday.
The review could lead Brussels to reduce or change the scope of the investigations, which will cover all cases launched since March 2024 under the EU’s key Digital Markets Act (DMA), the report said, citing sources.
The DMA is one of the strictest regulations targeting tech giants’ market dominance, imposing stricter content moderation obligations, allowing fair competition and making it easier for users to switch between services.
All decisions and potential fines will be paused while the review is completed, but technical work on the cases will continue, the newspaper said.
European regulators are now awaiting political guidance to make a final decision on the Google, Apple and Meta cases, it added.
Apple, Meta, Google and the European Commission did not immediately respond to requests for comment.
The DMA took effect in 2022 with the goal of curbing the power of Big Tech and ensuring a level playing field for smaller competitors.