European Commissioner for Competition Teresa Ribera emphasized that the European Commission seeks to ensure fair competition among tech giants without escalating international tensions. Recent fines against Apple (€500 million) and Meta (€200 million) highlighted the enforcement of the Digital Markets Act (DMA), as both companies are accused of practices restricting developers and manipulating user consent for advertising. Ribera suggested that fines are a last resort, aiming for a culture of compliance that promotes dialogue and effective solutions, as evidenced by the recent amicable resolution with Outlook, ensuring consumers have better options.
The fines imposed on Apple and Meta illustrate the European Commission's commitment to enforcing digital market regulations, ensuring fair competition, and fostering innovation.
Enforcing our competition in tools and regulation in digital markets is key to ensure Big Tech plays fairly. Without it, smaller companies cannot compete, cannot innovate.
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