EU reassesses tech probes into Apple, Google and Meta: FT

STORY: The European Commission is reevaluating its probes into U.S. tech giants, including Apple, Meta and Alphabet’s Google.That’s according to Britain’s Financial Times on Tuesday (Jan 14).The companies have urged U.S. President-elect Trump to challenge the EU’s regulatory scrutiny against them.One source told the FT the implications of Trump’s presidency were a factor in the review.Although they clarified his victory had not triggered it.The report said the EU’s review could lead to Brussels reducing or changing the range of the probes.It will cover all cases launched since March 2024 under the European Union’s landmark Digital Markets Act – or DMA.That is one of the strongest regulations targeting tech giants’ market dominance.It dictates what the world’s largest tech platforms can and cannot do, and can impose fines of up to 10% of a company’s annual revenue.The FT reported all decisions and potential fines will be paused while the review is completed, but technical work on the cases will continue.It added regulators are now waiting for political direction to take final decisions on the Google, Apple and Meta cases. None of the three companies or the European Commission immediately responded to requests for comment.Read More