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What will be the outcome of charges against Meta under EU Digital Markets Act by December 31, 2024?
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Apple•European Union•Digital Markets Act•Financial Times•EU•App Store•Meta Platforms•Facebook•Instagram
Resolution / Starting Odds
Fine imposed • 33%
Charges dropped • 33%
Settlement reached • 33%
Official EU announcements or press releases
Story
Apple and Meta Set to Face EU Charges Under Digital Markets Act
Jun 14, 2024, 05:11 PM
Apple is set to become the first major technology company to face charges under the European Union's Digital Markets Act (DMA), according to the Financial Times. The charges, expected to be issued before the summer break, relate to Apple's anti-steering rules for developers, which the EU has determined do not comply with the DMA. Reports indicate that the EU is planning to fine Apple for these violations, marking the first-ever fine of a company under the DMA, specifically over anti-steering measures in the App Store. Additionally, Meta Platforms is also expected to face charges under the same EU tech rules, specifically regarding its pay or consent model for Facebook and Instagram.
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Similar markets
Meta wins • 33%
Meta loses • 33%
Settlement reached • 34%
No Violation Found • 33%
Minor Violations Found • 33%
Major Violations Found • 34%
Favorable to Meta • 33%
Favorable to Regulators • 33%
Settlement • 34%
Policy overhaul • 25%
Minor policy adjustments • 25%
Dispute findings • 25%
Settlement with EU • 25%
Investigation concludes with regulatory action • 50%
Investigation concludes without regulatory action • 50%
Meta found compliant with EU regulations • 33%
Meta found partially compliant with minor penalties • 33%
Meta found non-compliant with major penalties • 34%
