[ad_1] Apple, Alphabet’s Google and Meta Platforms will be investigated for potential breaches of the EU’s new Digital Markets Act, European antitrust regulators said on Monday, potentially leading to hefty fines for the companies. The European Union law, effective from March 7, aims to challenge the power of the tech giants by making it easier … Read more
[ad_1] Amazon’s $1.7 billion (nearly Rs. 14,100 crore) acquisition of robot vacuum cleaner maker iRobot may reduce competition and strengthen Amazon’s position as online marketplace provider, EU antitrust regulators warned on Thursday. The European Commission opened a full-scale investigation and will decide by November 15 whether to clear or block the deal. “We continue to … Read more
[ad_1] EU telecoms regulators’ group BEREC on Friday warned the European Commission against proposing legislation pushed by the sector to get Big Tech’s help to pay for the rollout of 5G and broadband, saying it did not see a competition problem or a market failure. The comments from The Body of European Regulators for Electronic … Read more
