EU investigates Apple, Google, and Microsoft over handling of online scams
6 hours ago
- #Big Tech
- #EU Regulation
- #Financial Fraud
- EU to scrutinize Apple, Google, and Microsoft for inadequate policing of online financial fraud.
- Formal requests for information to be sent under the Digital Services Act, including to Booking Holdings.
- Focus on fake applications in app stores, fake search results, and fake accommodation listings.
- Potential for formal investigations and fines amid transatlantic tensions over digital regulations.
- EU emphasizes scrutiny based on company operations, not location.