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    MarketForces Africa » MarketForces News » EU Commission to Probe Alphabet, Apple, Meta under ‘gatekeeper’ rules

    EU Commission to Probe Alphabet, Apple, Meta under ‘gatekeeper’ rules

    Julius AlagbeBy Julius AlagbeMarch 25, 2024 News No Comments2 Mins Read
    EU Commission to Probe Alphabet, Apple, Meta under ‘gatekeeper’ rules
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    EU Commission to Probe Alphabet, Apple, Meta under ‘gatekeeper’ rules

    The European Commission said on Monday that it would investigate Apple, Meta, and Google-owner Alphabet over suspected violations of EU rules for online gatekeepers.

    The probe was the first non-compliance investigation under the EU’s Digital Markets Act (DMA).

    This took effect on March 7 and regulates the behaviour of companies the commission deems to be “gatekeepers’’ in the digital economy.

    A gatekeeper is a company that holds a powerful, entrenched position in the EU’s digital economy, acting as an intermediary between many users and businesses.

    The investigations into Alphabet and Apple concern suspected non-compliance with a DMA provision, requiring gatekeepers to steer customers to offer outside their own app stores, free of charge.

    Also under scrutiny is whether Alphabet gives preference to its own services in Google search results, and whether Apple complied with various DMA rules governing user choice in iOS.

    Also the choice in iOS operating system for the smartphones and tablets.

    Meta is being investigated over its policy of asking users to choose between paying to use its services and consenting to let their personal data be shared between the company’s services. #EU Commission to Probe Alphabet, Apple, Meta under ‘gatekeeper’ rules

    Investors are Selling Zenith Bank, FBNH Shares –MarketNews

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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