Hasty Briefsbeta

Apple Demands EU Repeal the Digital Markets Act

14 hours ago
  • #Digital Markets Act
  • #Apple
  • #EU Regulation
  • Apple has demanded the EU repeal the Digital Markets Act (DMA), which aims to regulate Big Tech.
  • The DMA, effective since 2022, seeks to limit Big Tech's dominance and promote fair competition, with fines up to 10% of global revenue for non-compliance.
  • Apple's request comes amid transatlantic tensions over EU digital regulations, with US President Trump threatening tariffs against countries targeting US firms.
  • Meta's Mark Zuckerberg has personally lobbied Trump against the DMA.
  • Apple suggested replacing the DMA with a 'more appropriate' law in its feedback response.
  • The EU fined Apple €500 million in April for allegedly restricting app developers from directing users to cheaper external offers.