EU To Announce Verdict In Apple & Meta Antitrust Cases In Coming Weeks

eu-to-announce-verdict-in-apple-&-meta-antitrust-cases-in-coming-weeks
EU To Announce Verdict In Apple & Meta Antitrust Cases In Coming Weeks

Summary: The EU is all set to announce verdicts in the antitrust cases against Apple and Meta in the coming weeks. The regulators have alleged that both companies violated the laws of the Digital Markets Act (DMA). While Meta continues to deny all the allegations, it could face minor fines along with Apple for the violations.

Major U.S. tech giants like Apple and Meta have been in the firing line of the European Union (EU) for quite some time now. The EU has been pursuing antitrust cases against both companies for alleged violations of the Digital Markets Act (DMA). While the EU is also investigating Google for similar reasons, the regulators are closing in to announce verdicts in antitrust cases against Apple and Meta.

The EU will announce verdicts in antitrust cases against Apple & Meta in the coming weeks

In February, US President Donald Trump criticized the EU for deliberately targeting major American tech giants. Despite Trump’s remarks, the EU confirmed that it would continue to investigate these companies. Initially, the EU antitrust chief, Teresa Ribera, expected to announce the fate of Apple and Meta in March.

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However, the regulators have delayed the verdict date given the ongoing global tension around US tariffs and trade negotiations. According to Reuters, Ribera told lawmakers, “Decisions could be adopted in the coming weeks.” For those unaware, the EU has been investigating Apple and Meta for potential violations of the DMA.

The Commission has alleged that both companies have used their market power to restrict competitors, binding users to choose their products and services. In the past, rivals of both companies have criticized their unfair business practices and even complained to the authorities. Sources familiar with the matter have told Reuters that the EU could impose minor fines on Meta and Apple.

Meta expresses disapproval of the possible outcome

Meta continues to maintain that it has been cooperating with the authorities. However, the company has denied all the allegations placed against it.

Criticizing the possible outcome, a Meta spokesperson told Reuters, “This is not just about fines – it’s about the Commission seeking to handicap successful American businesses simply because they’re American, while letting Chinese and European rivals off the hook.