EU Antitrust Chief Vestager Warns Tech Giants on New Fees Impact on Users' Choices

Tuesday, 19 March 2024, 18:54

EU antitrust chief Margrethe Vestager has cautioned Apple and Meta on the recent introduction of service fees, potentially obstructing the benefits of the Digital Markets Act. Apple's adjustments to adhere to EU tech regulations involve a 50 euro cents core technology fee, irking major app developers like Epic Games.
https://store.livarava.com/4196bcd8-e625-11ee-9686-5254a2021b2b.jpe
EU Antitrust Chief Vestager Warns Tech Giants on New Fees Impact on Users' Choices

EU Antitrust Chief Issues Warning

EU antitrust chief Margrethe Vestager alerts Apple and Meta about new fees affecting users and compliance with the Digital Markets Act. The fees could limit choice and competition in the tech market.

Apple Implements Fee Structure Changes

  • Apple introduces a core technology fee of 50 euro cents per user per year, impacting major app developers.
  • Developers must pay the fee regardless of using Apple's payment services, drawing criticism from rivals like Fortnite creator Epic Games.

Conclusion: The Digital Markets Act implications on tech giants' fee structures raise concerns over fair competition and user benefits.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe